MUMBAI : JSW Infrastructure Limited, one of India’s fastest-growing ports and logistics infrastructure companies and part of the JSW Group, announced its audited standalone and consolidated financial results for the fourth quarter and financial year ended March 31, 2026.
The company’s Board of Directors approved the results on Friday and also recommended a 45% final dividend of ₹0.90 per equity share for shareholders.
Key FY26 Standalone Financial Highlights
For the financial year 2025-26, JSW Infrastructure reported:
- Net Profit: ₹1,676 crore
(compared to ₹3,914 crore in FY25) - Total Income: ₹1,190 crore
(vs. ₹1,184 crore in FY25) - Profit Before Tax (PBT): ₹176 crore
(vs. ₹496 crore in FY25) - Earnings Per Share (EPS): ₹0.81
(vs. ₹1.89 in FY25)
The company stated that the sharp decline in profitability was mainly due to exceptional items, including losses related to a fire incident at its Fujairah terminal and expenses arising from India’s new labour codes implementation.
Q4 FY26 Performance
For the quarter ended March 31, 2026, the company reported a standalone net loss:
- Net Loss: ₹56.62 crore
- Total Income: ₹307 crore
- Loss Before Tax: ₹49.62 crore
Despite the quarterly loss, operational revenues remained relatively stable.
Dividend Announcement
The Board recommended a final dividend of ₹0.90 per equity share with a face value of ₹2 each for FY26.
Dividend Details
- Dividend Rate: 45%
- Dividend Per Share: ₹0.90
- Face Value: ₹2 per share
- Approval Status: Subject to shareholder approval at the upcoming Annual General Meeting (AGM)
The company had already paid interim dividends totaling ₹0.84 per share earlier during FY26, taking the total shareholder payout higher for the year.
Strong Balance Sheet Position
As of March 31, 2026, the company reported:
- Total Assets: ₹10,363 crore
(vs. ₹9,193 crore in FY25) - Total Equity: ₹5,174 crore
- Cash & Cash Equivalents: ₹160 crore
- Total Borrowings: ₹4,499 crore
The increase in assets reflects ongoing expansion and infrastructure investments across port and logistics operations.
Consolidated FY26 Performance
Including subsidiaries and group operations, JSW Infrastructure reported:
- Total Operational Revenue: ₹5,361 crore
(vs. ₹4,476 crore in FY25) - Profit Before Tax: ₹1,872 crore
- Net Profit After Tax: Approximately ₹1,415 crore
Segment-Wise Revenue
- Port Operations Revenue: ₹4,647 crore
- Logistics Operations Revenue: ₹715 crore
The company continued to benefit from strong cargo handling volumes and expansion in integrated logistics services.
Major Exceptional Items Impacting FY26 Results
Fire Incident at Fujairah Terminal
During the March quarter, a major fire occurred at the company’s Liquid Terminal in Fujairah, damaging storage tanks and associated infrastructure.
JSW Infrastructure recognized an estimated loss of ₹67.83 crore as an exceptional item related to the incident.
Impact of India’s New Labour Codes
The company also disclosed financial impact arising from the implementation of India’s newly notified labour codes.
The Government of India notified four labour codes on November 21, 2025, consolidating 29 labour laws into a unified framework.
As part of compliance assessment:
- Quarterly Past Service Cost Recognized: ₹4.65 crore
- Full-Year Cost Recognized: ₹11.89 crore
The company noted that additional rules are still awaited and the financial impact may be reviewed further in future periods.
Expansion Through Rail Logistics Acquisitions
In a strategic expansion move, the company’s wholly owned subsidiary, JSW Port Logistics Private Limited, acquired 100% stake in three rail logistics companies on February 3, 2026:
- JSW (South) Rail Logistics Private Limited
- JSW Minerals Rail Logistics Private Limited
- JSW Rail Infra Logistics Private Limited
The acquisitions are expected to strengthen the company’s integrated logistics and cargo transportation capabilities.
Auditor Issues Clean Report
Statutory auditor M/s. Shah Gupta & Co., Chartered Accountants issued an unmodified audit opinion on both standalone and consolidated financial statements.
The clean audit opinion confirms compliance with SEBI’s Listing Obligations and Disclosure Requirements regulations.
Board Approves Key Appointments for FY27
The Board also approved the following appointments for FY2026-27:
- Cost Auditor: M/s. Kishore Bhatia and Associates
- Internal Auditor: Mr. Haresh Dua, Chartered Accountant
Stock Market Details
Stock Information
- Company: JSW Infrastructure Limited
- NSE Symbol: JSWINFRA
- BSE Scrip Code: 543994
About JSW Infrastructure
JSW Group-backed JSW Infrastructure is among India’s leading private port operators and infrastructure companies. The company develops and operates ports, terminals, and integrated logistics infrastructure across India and international locations.
The company continues to expand its presence in port operations, rail logistics, cargo handling, and supply chain infrastructure as part of its long-term growth strategy.
