JSW Infra plans Rs 5,500 crore capex push; Q2 PAT down 3.5%
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Mumbai: JSW Infrastructure plans to spend ₹4,000 crore on its port business and deploy another₹1,500 crore toward its logistics business in FY26, its chief financial officer J Nagarajan said on Friday. "From a logistics capital spending perspective, it is always a mix of acquisition or organic as well as inorganic growth," Nagarajan said during the firm's post-second quarter earnings call. The company posted a 3.5% year-on-year decline in its profit after tax for the quarter ended June at ₹369 crore, while its total revenue rose 26% on year to ₹1,372 crore. Consolidated Ebitda increased 18% to ₹716 crore. Operational revenue, which excludes other income, grew 26% to ₹1,266 crore, driven by higher port throughput and stronger performance in logistics. For the first half of FY26, the company reported capital expenditure of approximately ₹902 crore. It handled 58.2 million tonnes of cargo during April-September, marking a 4%...