JSW Infrastructure profit falls to ₹318 crore despite revenue growth
In short
JSW Infrastructure reported September-quarter revenue of ₹1,481 crore, up 17%, and EBITDA rose 11%.
Net profit fell 12% to ₹318 crore because of unrealised foreign exchange losses linked to a weaker rupee. The report does not say if those losses will continue.
What the reporting says
JSW Infrastructure reported September-quarter revenue of ₹1,481 crore, up 17%, while EBITDA rose 11%, according to a CNBC TV18 Market summary. The same report says unrealised foreign exchange losses tied to rupee depreciation pulled net profit down to ₹318 crore, a 12% fall. The source does not state the full prior-year profit or whether the FX losses were recurring.
Why it matters
JSW Infrastructure’s September-quarter update showed revenue at ₹1,481 crore, up 17%, and EBITDA up 11%, but net profit fell to ₹318 crore. The CNBC TV18 Market summary attributes the decline to unrealised foreign exchange losses linked to rupee depreciation. The report does not say how large the prior-year profit was or whether the currency losses are likely to repeat.