JSW Infrastructure Reports Positive Financial Performance in Q1 FY2024, Net Sales and Operating Profit Reach Highest in Five Quarters
JSW Infrastructure, a leading port industry player, has reported a positive financial performance in the quarter ended March 2024. With a strong growth in net sales and operating profit, the company has shown a positive trend in the near term. However, increased interest cost and non-operating income need to be monitored for sustainable growth.
JSW Infrastructure, a leading player in the port industry, has recently announced its financial results for the quarter ended March 2024. The company has shown a positive performance with a score of 7 out of 10, an improvement from the previous score of 5 in the last 3 months.
One of the key highlights of the financials is the increase in net sales, which has reached its highest at Rs 1,096.38 crore in the last five quarters. This shows a positive trend in the near term for the company. Additionally, the net sales have grown at a rate of 22.4% over the average net sales of the previous four quarters, indicating a strong growth trajectory.
The operating profit (PBDIT) has also seen a significant increase, reaching its highest at Rs 581.18 crore in the last five quarters. This is a positive sign for the company and shows a positive trend in the near term.
The profit after tax (PAT) has also shown a positive trend, reaching its highest at Rs 330.01 crore in the last five quarters. This indicates a strong financial performance for the company in the near term.
However, there are some areas that need improvement for JSW Infrastructure. The interest cost has increased by 405.34% over the previous half-yearly period, which signifies increased borrowings. Additionally, the non-operating income has also increased, reaching its highest at Rs 103.92 crore in the last five quarters. This may not be sustainable as it comes from non-business activities.
Overall, JSW Infrastructure has shown a positive financial performance in the quarter ended March 2024. With a strong growth in net sales and operating profit, the company is on a positive trajectory. However, it is important for the company to keep a check on its interest cost and non-operating income to maintain a sustainable financial performance in the future. Based on these financials, MarketsMOJO has given a 'Hold' call for the stock of JSW Infrastructure.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
