JSW Infrastructure (JSWINFRA) reported a revenue growth of 20% YoY toINR10.9b (12% above our estimate) in 4QFY24. The company handled cargovolumes of 29.3MMT (+9% YoY) in 4Q. The share of third-party cargoincreased to 46% in 4QFY24 from 37% in 4QFY23.