Shares of JSW Infrastructure fell about 8% in early trading on Friday, July 19, the day after the firm reported an 8% year-over-year (YoY) decline in its profit for the April–June quarter (Q1FY25).
JSW Infra share opened at ₹316.10, down 7.5% from the previous close of ₹336.30, to reach ₹311. However, the stock pared losses and traded 5.29 percent down at ₹318.50 at about 10 am.
JSW Infrastructure, India’s second-largest private port operator in terms of cargo handled, reported an 8% YoY drop in its Q1FY25 consolidated net profit to ₹296.55 crore, compared to ₹322.20 crore in the same quarter previous year.
However, compared to Q1FY24, revenue from operations increased 15% YoY to ₹1,009.77 crore from ₹878.10 crore.
JSW Infrastructure shares were down 6.13% at ₹315.55 on the NSE as of 10:42 AM.
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