JSW Infrastructure

JSW Infrastructure Ltd reported a measured yet resilient performance in the third quarter, posting an 8.7 percent increase in net profit to Rs. 364.8 crore. The growth was supported by higher cargo volumes, stable operating efficiencies, and sustained demand across key ports. Despite a challenging global trade environment and fluctuating commodity flows, the company managed to protect margins through disciplined cost control and efficient asset utilisation.

JSW Infrastructure has received a Letter of Award (LoA) from the Syama Prasad Mookerjee Port Authority for a Rs 740-crore project at Kolkata’s Netaji Subhas Dock. The initiative involves reconstructing Berth 8 and mechanizing Berth 7 to enhance container handling capacity. Awarded on a Design, Build, Finance, Operate, and Transfer (DBFOT) basis under a 30-year concession, this project reinforces JSW Infrastructure’s strategy to expand its terminal footprint under India’s ongoing port privatization program.

In a strategic move to align with regulatory mandates on public shareholding, the Sajjan Jindal Family Trust divested a 2% stake in JSW Infrastructure, India’s second-largest private port operator, raising Rs. 1,210 crore through an open market transaction. This development is part of a broader compliance initiative with the Securities and Exchange Board of India's (SEBI) minimum public shareholding (MPS) rules, which require newly listed companies to ensure 25% public ownership within a set timeframe.