“JSW Infrastructure Reports 9% Increase in Q4 Profit, Declares Rs. 0.55 Dividend”
JSW Infrastructure reported a 9% increase in its consolidated net profit to Rs. 329 crore for the fourth quarter ended March 2024. The company’s profit for the corresponding…
JSW Infrastructure reported a 9% increase in its consolidated net profit to Rs. 329 crore for the fourth quarter ended March 2024.
The company’s profit for the corresponding period of the previous fiscal year was Rs. 302.26 crore.
The consolidated total income for the fourth quarter increased to Rs. 1,200.30 crore from Rs. 973.20 crore in the year-ago period.
Total expenses also rose to Rs. 782.93 crore in the quarter under review from Rs. 677.77 crore a year ago.
The company’s cargo volumes in the fourth quarter were 29.3 million tonnes, up 9% year-on-year.
JSW Infrastructure Ltd is India’s second-largest private commercial port operator and a part of the JSW Group.
The board of the company has recommended a dividend of Rs. 0.55 per share.