JSW Infrastructure declines on reporting 8% fall in Q1 consolidated net profit
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JSW Infrastructure is currently trading at Rs. 316.25, down by 20.05 points or 5.96% from its previous closing of Rs. 336.30 on the BSE.
The scrip opened at Rs. 316.10 and has touched a high and low of Rs. 327.55 and Rs. 311.00 respectively. So far 553149 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 361.00 on 04-Jul-2024 and a 52 week low of Rs. 141.75 on 03-Oct-2023.
Last one week high and low of the scrip stood at Rs. 344.65 and Rs. 311.00 respectively. The current market cap of the company is Rs. 66895.55 crore.
The promoters holding in the company stood at 85.61%, while Institutions and Non-Institutions held 5.92% and 8.46% respectively.
JSW Infrastructure has reported 47.44% rise in its net profit at Rs 97.34 crore for the first quarter ended June 30, 2024 (Q1FY25) as compared to Rs 66.02 crore for the same quarter in the previous year. Total income of the company increased by 37.70% at Rs 280.56 crore for Q1FY25 as compared to Rs 203.75 crore for the corresponding quarter previous year.
On consolidated basis, the company has reported 7.96% fall in net profit at Rs 296.55 crore for Q1FY25 as compared to Rs 322.20 crore for the same quarter in the previous year. However, total income of the company increased by 20.20% at Rs 1,103.69 crore for Q1FY25 as compared to Rs 918.24 crore for the corresponding quarter previous year.
