JSW Infrastructure Limited — quarter and year ended 31 March, 2026
| Sr. No. | Particulars | Quarter Ended | Year Ended |
|---|---|---|---|
| 31 March, 2026 Unaudited (Refer note 4) |
31 March, 2026 Audited |
||
| 31 December, 2025 Unaudited |
31 March, 2025 Unaudited (Refer note 4) |
||
| 1 | Income | ||
| Revenue from operations | 154.15 | 600.78 | |
| Other income | 152.80 | 589.15 | |
| Total income | 306.95 | 1,189.93 | |
| 2 | Expenses | ||
| Operating expenses | 76.53 | 297.45 | |
| Employee benefits expense | 14.97 | 44.10 | |
| Finance costs | |||
| – Interest and bank charges | 60.91 | 261.41 | |
| – Foreign exchange (gain)/loss | 189.74 | 362.95 | |
| Depreciation and amortisation expense | 1.40 | 5.98 | |
| Other expenses | 11.77 | 38.78 | |
| Total expenses | 355.32 | 1,010.67 | |
| 3 | Profit/(Loss) before exceptional items and tax | (48.37) | 179.26 |
| 4 | Exceptional items (Refer note 5) | 1.25 | 2.95 |
| 5 | Profit/(Loss) before tax | (49.62) | 176.31 |
| 6 | Tax expense | ||
| Current tax | (8.67) | 30.80 | |
| Deferred tax | 15.67 | (22.13) | |
| Tax impact of earlier years | – | 0.04 | |
| Total tax expense | 7.00 | 8.71 | |
| 7 | Net profit/(loss) for the period/year | (56.62) | 167.60 |
| 8 | Other Comprehensive Income | ||
| Items that will not be reclassified to profit or loss: | |||
| (i) Remeasurements of defined benefit plans | 0.51 | 0.05 | |
| (ii) Income tax relating to items that will not be reclassified to profit or loss | (0.18) | (0.02) | |
| Total Other Comprehensive Income/(Loss) for the period/year | 0.33 | 0.03 | |
| 9 | Total Comprehensive Income/(Loss) for the period/year | (56.29) | 167.63 |
| 10 | Paid up equity share capital (Face value of ₹ 2/- each) | 417.04 | 417.04 |
| 11 | Other equity (excluding Revaluation Reserve) | 4,757.13 | |
| 12 | Earnings per equity share (Face Value of ₹ 2/-) (Not Annualised for the quarter) | ||
| Basic (in ₹) | (0.11) | 0.81 | |
| Diluted (in ₹) | (0.12) | 0.80 |
| Particulars | As at 31 March, 2026 (Audited) | As at 31 March, 2025 (Audited) |
|---|---|---|
| ASSETS | ||
| Non-current assets | ||
| Property, plant and equipment | 157.05 | 150.67 |
| Right-of-use assets | 60.42 | 0.36 |
| Intangible assets | 0.17 | 11.35 |
| Capital Work in progress | 2,120.22 | 1,584.69 |
| Investments in subsidiaries | 3,320.49 | 3,188.39 |
| Financial assets | ||
| Loans | 2,219.11 | 1,710.55 |
| Other financial assets | 662.05 | 471.88 |
| Current tax assets (net) | 67.30 | 23.93 |
| Deferred tax assets (net) | 70.41 | 48.30 |
| Other non-current assets | 61.85 | 35.00 |
| Total non-current assets | 8,739.07 | 7,225.12 |
| Current assets | ||
| Inventories | 1.66 | 1.31 |
| Financial assets | ||
| Trade receivables | 102.35 | 80.42 |
| Cash and cash equivalents | 160.27 | 121.80 |
| Bank balances other than cash and cash equivalents | 960.00 | 1,492.53 |
| Other financial assets | 89.99 | 54.88 |
| Other current assets | 309.47 | 217.33 |
| Total current assets | 1,623.74 | 1,968.27 |
| TOTAL ASSETS | 10,362.81 | 9,193.39 |
| EQUITY AND LIABILITIES | ||
| Equity | ||
| Equity share capital | 417.04 | 414.70 |
| Other equity | 4,757.13 | 4,729.83 |
| Total equity | 5,174.17 | 5,144.53 |
| Liabilities | ||
| Non-current liabilities | ||
| Financial liabilities | ||
| Borrowings | 4,375.50 | 3,404.22 |
| Lease liabilities | 59.13 | 0.24 |
| Other financial liabilities | 31.68 | 8.31 |
| Provisions | 2.31 | 0.25 |
| Other non-current liabilities | 1.84 | 7.46 |
| Total non-current liabilities | 4,470.46 | 3,420.48 |
| Current liabilities | ||
| Financial liabilities | ||
| Borrowings | 123.83 | – |
| Lease liabilities | 1.28 | 0.11 |
| Trade payables | ||
| Total outstanding dues of micro enterprises and small enterprises | 10.04 | 8.58 |
| Total outstanding dues of other than micro enterprises and small enterprises | 30.09 | 24.11 |
| Other financial liabilities | 538.86 | 585.67 |
| Provisions | 3.12 | 1.19 |
| Other current liabilities | 10.96 | 8.72 |
| Total current liabilities | 718.18 | 628.38 |
| Total liabilities | 5,188.64 | 4,048.86 |
| TOTAL EQUITY AND LIABILITIES | 10,362.81 | 9,193.39 |
| Particulars | For the year ended 31 March, 2026 (Audited) | For the year ended 31 March, 2025 (Audited) |
|---|---|---|
| [A] Cash Flow from Operating Activities | ||
| Profit before tax | 176.31 | 496.04 |
| Adjustments for: | ||
| – Depreciation and amortisation expense | 5.98 | 2.65 |
| – Exceptional items (Refer note 5) | 2.95 | – |
| – Share based payment expense | 8.21 | 18.34 |
| – Finance costs | 624.36 | 347.30 |
| – Interest income | (416.24) | (483.63) |
| – Dividend income | (165.11) | (110.14) |
| – Net (gain) on sale of current investments | – | (66.72) |
| – (Gain) on sale of property plant and equipment (net) | (0.01) | (0.04) |
| Operating profit before working capital changes | 236.45 | 203.80 |
| Adjustments for: | ||
| – (Increase)/decrease in trade receivables | (21.93) | 16.06 |
| – (Increase) in other assets | (286.33) | (175.50) |
| – (Increase) in inventories | (0.35) | (0.11) |
| – Increase/(decrease) in trade payables | 11.82 | (8.43) |
| – Increase/(decrease) in other payables | (40.26) | 131.74 |
| – Increase in provisions | 1.04 | 0.60 |
| (336.01) | (35.64) | |
| Cash flow from operations | (99.56) | 168.16 |
| Income taxes paid (net of refund received) | (78.37) | (94.28) |
| Net Cash (used)/generated from Operating Activities [a] | (177.93) | 73.88 |
| [B] Cash Flows from Investing Activities | ||
| Purchase of property plant and equipment and intangible asset (including under development, capital advances and capital creditors) | (555.19) | (1,346.73) |
| Proceeds from sale of property, plant and equipment | 8.18 | 1.52 |
| Investments in subsidiaries | (112.64) | (1,224.07) |
| Purchase of current investments | – | (1,899.67) |
| Sale of current investments | – | 1,970.07 |
| Bank deposits not considered as Cash and cash equivalent (net) | 532.53 | (202.06) |
| Loans to related parties | (1,638.34) | (2,470.00) |
| Loans repaid by related parties | 1,137.58 | 4,734.93 |
| Dividend received | 165.11 | 110.14 |
| Interest received | 365.74 | 464.70 |
| Net Cash (used)/generated from Investing Activities [b] | (97.03) | 138.83 |
| [C] Cash Flows from Financing Activities | ||
| Proceeds from non-current borrowings | 620.00 | – |
| Proceeds from current borrowings | 1,088.59 | 966.70 |
| Repayments of current borrowings | (968.35) | (966.70) |
| Share issue expenses | (4.38) | (22.87) |
| Repayment of lease liabilities | (3.18) | (0.09) |
| Dividend paid | (168.00) | (115.50) |
| Interest paid | (251.25) | (243.86) |
| Net Cash generated/(used) in Financing Activities [c] | 313.43 | (382.32) |
| Net Increase/(Decrease) in Cash and Cash Equivalents [a+b+c] | 38.47 | (169.61) |
| Cash and Cash Equivalents at the beginning of the year | 121.80 | 291.41 |
| Cash and Cash Equivalents at the end of the year | 160.27 | 121.80 |
| Particulars | As at 31 March, 2026 (Audited) | As at 31 March, 2025 (Audited) |
|---|---|---|
| ASSETS | ||
| Non-Current Assets | ||
| Property, plant and equipment | 6,854.27 | 6,367.98 |
| Capital work-in-progress | 3,147.42 | 1,858.64 |
| Right-of-use assets | 540.60 | 445.19 |
| Investments property | 96.48 | 130.00 |
| Goodwill | 767.89 | 712.60 |
| Other intangible assets | 2,267.85 | 1,867.16 |
| Intangible assets under development | 41.02 | 161.60 |
| Financial assets | ||
| Investments | 23.35 | 22.98 |
| Other financial assets | 949.78 | 506.25 |
| Income tax assets (net) | 144.76 | 98.60 |
| Deferred tax assets (net) | 523.66 | 458.95 |
| Other non-current assets | 578.92 | 159.94 |
| Total Non-Current Assets | 15,936.00 | 12,789.89 |
| Current Assets | ||
| Inventories | 147.33 | 133.80 |
| Financial assets | ||
| Investments | 2.01 | 159.78 |
| Trade receivables | 1,057.99 |