Name: Latest research reports of JSW Infrastructure Ltd. authored by Motilal Oswal and published by - Trendlyne research reports.
Item: JSW Infrastructure Ltd.
Rating: 5
Author: Motilal Oswal

Robust 4Q led by higher third-party volumes; outlook bright

Buy: JSW Infrastructure Ltd.

Motilal Oswal

JSW Infrastructure (JSWINFRA) reported a revenue growth of 20% YoY to
INR10.9b (12% above our estimate) in 4QFY24. The company handled cargo
volumes of 29.3MMT (+9% YoY) in 4Q. The share of third-party cargo
increased to 46% in 4QFY24 from 37% in 4QFY23.