JSW Infrastructure reports strong Q3 FY26 performance on port and logistics growth

JSW Infrastructure Ltd delivered a solid operational and financial performance in the third quarter of FY26, supported by growth across its ports and logistics businesses. The JSW Group company reported a net profit of Rs 365 crore for the quarter, marking a nine percent year on year increase, while consolidated operating revenue rose to about Rs 1,350 crore, reflecting improved cargo volumes and a favourable cargo mix.

During the quarter, JSW Infrastructure handled cargo volumes of 31.7 million tonnes, an eight percent increase compared to the same period last year. Volume growth was led by performance at the South West Port and Dharamtar Port, along with interim operations at the Tuticorin terminal and the JNPA liquid terminal. This was partially offset by lower volumes at the Paradip iron ore and coal terminals.

Third party cargo volumes rose ten percent to 15.7 million tonnes, increasing their share to 50 percent of total volumes. The higher contribution from third party cargo and changes in cargo mix helped the port segment record a nine percent rise in operational revenue to Rs 1,164 crore. Operational EBITDA for the port business increased seven percent to Rs 611 crore during the quarter.

The logistics segment delivered strong growth, led by Navkar Corporation. EXIM cargo volumes increased 19 percent to 85,000 TEUs, while domestic cargo volumes rose 45 percent to 405,000 metric tonnes. The improved performance of Navkar, combined with higher port volumes, resulted in a 14 percent year on year rise in consolidated operational revenue and a ten percent increase in operational EBITDA to Rs 644 crore.

JSW Infrastructure announced strategic initiatives, including an agreement with Minerals Development Oman to develop a 27 million tonnes per annum port and the acquisition of rail rake businesses to strengthen logistics operations across key corridors nationwide.

The company is targeting consolidated operating revenue of Rs 5,400 crore and EBITDA of Rs 2,600 crore in FY26 and said it remains positioned for long term sustainable growth ahead in coming years driven by disciplined execution and prudent capital allocation.