Navkar Corporation Limited has informed the Exchange regarding 'Announcement under Regulation 30 of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 '.
NAVKARCORP · price
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Navkar Corporation has shared a media release from its ultimate holding company, JSW Infrastructure Limited, announcing strong Q1 FY2026 results. JSW Infrastructure reported operational revenue of ₹1,224 crore, up 21% year-on-year, with profit after tax of ₹390 crore, up 31% year-on-year. Cargo volumes grew 5% to 29.4 million tonnes, driven by strong coal handling at Ennore, PNP, and Paradip. Within Navkar Corp itself, EXIM cargo volumes rose 31% to 81,000 TEUs and domestic cargo grew 11% to 275,000 metric tonnes. The company holds a healthy balance sheet with cash of ₹4,360 crore and a net debt-to-EBITDA ratio of 0.54x. Key developments include a Letter of Award for Kolkata port redevelopment, an MoU with Konkan Railway for Jaigarh Port connectivity, and approval of a resolution plan for NCR Rail Infrastructure.
This is positive for Navkar Corporation shareholders as it reflects strong operational performance from its parent and confirms the strategic value of the acquisition for JSW Infrastructure's pan-India logistics ambitions. The growth outlook, including a ₹30,000 crore capex plan to reach 400 MTPA capacity by 2030, signals long-term expansion potential, though no direct financial impact flows from JSW Infrastructure to Navkar Corp beyond its subsidiary role.