JSW Infrastructure Ltd News

JSW Infra plans 400 mtpa cargo handling capacity, Rs 30K cr capex by FY30

Company to strengthen its ports in multiple states; focusing on its logistics arm too

JSW Infra gains 7% after reporting highest-ever quarterly profit in Q2

JSW Infrastructure reported consolidated net profit of Rs 37.2 crore in second quarter ended September 30, up by 46 per cent Y-o-Y

JSW Infra Q2 results: Net profit jumps 46% to Rs 371 cr, beats estimates

Sequentially, the company's net profit increased by 27.04 per cent, though revenue declined marginally by 0.83 per cent

JSW Infra Q2 results: Net profit up 46% at Rs 372 cr on strong cargo growth

The company, India's second-biggest private port operator, reported consolidated net profit of 3.72 billion rupees ($44.3 million) in second quarter ended Sept. 30, up by 46% on-year

JSW Infrastructure surges 4% on allotting commercial paper of Rs 1,000 cr

The uptick in JSW Infrastructure share price came after the company announced that it has issued and allotted Commercial Paper aggregating to an amount of Rs 1,000 crore.

JSW Infra receives LoI to develop port project worth over Rs 4,000 cr

The multi-purpose port in Maharashtra will handle captive, bulk, and dry bulk cargo

JSW Infra rises 5% on receiving delivery of 2nd dredger from Netherlands

JSW Infrastructure got the delivery of the second dredger which aligns with the company's FY2030 growth plan to boost capacity

JSW Infra extends rally, up 7% on capex Plans; BNP Paribas raises target

Shares of JSW Infrastructure zoomed 6.92 per cent at Rs 338 per share on the BSE in Wednesday's intraday deals

JSW Infra okays Rs 2,359 cr capex for expansion at Jaigarh, Dharamtar ports

The amount will be utilised to expand the cargo handling capacity of its Jaigarh and Dharamtar ports along the west coast of India

JSW Infrastructure approves Rs 2,359 cr capex for capacity expansion

JSW Group firm JSW Infrastructure Limited on Monday said it has approved a capex of Rs 2,359 crore for the capacity expansion at its Jaigarh and Dharamtar Port. As a part of the company's FY2030 growth plan to increase capacity to 400 million tonnes per annum (MTPA) from the existing capacity of 170 MTPA, the Board of the respective subsidiary companies has approved a total capacity expansion plan of 36 MTPA (21 MTPA at Dharamtar and 15 MTPA at Jaigarh), a statement said. The capex plan includes mechanical, civil, and electrical work for the new berths and additional infrastructure like railway siding for Jaigarh Port to boost third-party cargo movement, it added. According to the statement, the expansion will increase the overall capacity of Jaigarh Port to 70 MTPA from the current 55 MTPA and Dharamtar Port to 55 MTPA from 34 MTPA at present. This expansion primarily aims to cater to the increased cargo volume of the anchor customer on the back of the proposed 5 MTPA steel-making

JSW Infra zooms 5% as Fitch revises rating to' BB+' with outlook 'positive'

JSW Infrastructure share price surged 5 per cent at Rs 324.85 per share on the BSE in Monday's intraday deals

JSW Infrastructure eyes end-to-end logistics play: CEO Arun Maheshwari

Inland logistics present great opportunity, says CEO Arun Maheshwari, after acquiring Navkar

JSW Infrastructure's shares slump 7% after subdued Q1; check details

Share prices of JSW Infrastructure slipped as much 7.52 per cent at Rs 311 per share on the BSE in intraday deals of Friday.

JSW Infrastructure Q1 results: Net profit fall 9% on higher expenses

Its consolidated net profit fell to Rs 292 crore (about $35 million) in the quarter ended June 30 from Rs 321 crore in the year-ago period

'JSW Infra to reassess strategy for Tajpur port if it comes for re-bidding'

Indicating that the company is still interested in the mega Tajpur deep sea port in West Bengal, JSW Infrastructure Ltd said that it remains open to re-evaluate its strategy for the project "if the project comes for re-bidding", a senior official said. JSW Group had failed to emerge as the winning bidder in the last tendering round, where Adani Ports and SEZ Ltd (APSEZ) had emerged as the L1 bidder in October 2022, and a Letter of Intent to Award (LOIA) was handed over to the company. However, Chief Minister Mamata Banerjee's announcement at the Bengal Global Business Summit (BGBS) in November 2023 that a tender would soon be launched for the development of the port. This has led to a cloud of uncertainty around the mega deep-sea port project. Banerjee had announced that the proposed deep-sea port at Tajpur is ready for tender, which would attract an investment of USD 3 billion or Rs 25,000 crore. JSW Infrastructure Joint Managing Director and CEO Arun Maheswari told PTI: "We will

JSW Infra hits 52-week high after acquiring stake in Navkar Corporation

Shares of JSW Infrastructure soared up to 5.3 per cent, hitting its 52-week high at Rs 336 per share on the BSE in Friday's intraday deals

JSW Infra buys 70.4% stake in logistics firm Navkar Corp for Rs 1,013 cr

An open offer will be made to the rest of the shareholders of Navkar Corporation which will cost around Rs 412.17 cr