India's JSW Infrastructure rises after first-quarter profit growth

JSW Infrastructure

23/07/2025 05:38

** Shares of JSW Infrastructure Ltd JSWN.NS rise as much as 3.2% to 327.2 rupees

** Co reports a 31.5% y/y rise in first-quarter consol net profit to 3.85 billion rupees ($44.6 million), and revenue up 21.2%

** Motilal Oswal expects stronger market dominance for co and rising logistics revenue to drive 13% volume and 22% revenue CAGR over FY25–27; In line qtr, project expansion underway

** In Q1, co handled 29.4mt of cargo (+6% YoY) helped by new terminals of Tuticorin and JNPT - ICICI Securities

** Jefferies says Q1 EBITDA was in line with estimates; believes, on a small base JSWN's EBITDA growth will be 20%+ from current levels with group volumes giving comfort on utilisation; maintain BUY

** Mean rating of stock is "buy"; their median PT is 362.5 rupees - data compiled by LSEG

($1 = 86.3880 Indian rupees)

 (Reporting by Meenakshi Maidas in Bengaluru)

 ((meenakshi.maidas@thomsonreuters.com;))