JSW Infrastructure's consolidated net profit rose by 9% to Rs 329 crore in Q4 FY24, driven by increased cargo volumes. The company's total income also grew.
Photograph: Ilan Rosenberg/Reuters
New Delhi, May 3 (PTI) JSW Infrastructure on Friday reported a 9 per cent increase in consolidated net profit to Rs 329 crore for the fourth quarter ended March 2024.
The company had clocked a profit of Rs 302.26 crore in the corresponding period of the previous fiscal, the company said in a BSE filing.
Its consolidated total income increased to Rs 1,200.30 crore for the fourth quarter against Rs 973.20 crore in the year-ago period.
The total expense also rose to Rs 782.93 crore in the quarter under review from Rs 677.77 crore a year ago.
The company handled cargo volumes of 29.3 million tonne in the fourth quarter up 9 per cent year-on-year.
The board of the company has recommended a dividend of Rs 0.55/share.
JSW Infrastructure Ltd, a part of the JSW Group, is India's second-largest private commercial port operator.
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.
© 2024 Rediff.com India Limited. All rights reserved. Disclaimer - Terms of Service - Privacy Policy - Feedback