Shares of JSW Infrastructure witnessed a significant block deal on Friday, May 29, as 4.26 crore shares or 2.03% of the company’s equity changed hands at ₹290.6 per share. The total deal value stood at ₹1,239 crore, as per exchange data.
Sajjan Jindal Family Trust trims stake to meet MPS norms
According to sources cited by CNBC-TV18, the Sajjan Jindal Family Trust, through its trustees Sajjan Jindal and Sangita Jindal, was behind the stake sale, aiming to meet the minimum public shareholding (MPS) requirement. The floor price for the block deal was set at ₹288 per share, a 3% discount to Thursday’s closing price.
Post the transaction, a 60-day lock-up period will apply for further selling of shares by the promoters, the sources added. As of March 2025, the Sajjan Jindal Family Trust held an 80.72% stake in JSW Infrastructure.
Strong Q4 and FY25 performance
JSW Infra recently reported a robust set of numbers for the fourth quarter of FY25. The company’s consolidated net profit jumped 57% year-on-year to ₹516 crore, while revenue rose 14% to ₹1,372 crore. EBITDA increased 7% to ₹730 crore, with margins holding strong at 53.2%.
For the full fiscal year 2025, JSW Infrastructure’s net profit surged 31% to ₹1,521 crore, and revenue climbed 20% to ₹4,829 crore. The company’s EBITDA stood at ₹2,615 crore, reflecting a 17% growth and a margin of 54.2%.
Cargo volumes rise; third-party share expands
Operationally, JSW Infra handled 31.2 million tonnes of cargo during Q4 FY25, up 5% year-on-year. Third-party cargo volumes grew 11%, increasing their share to 50% of total volumes compared to 47% a year ago.
For FY25, cargo volumes increased 9% to 117 million tonnes, with third-party cargo contributing 49% of the total, up from 40% in the previous year.
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