Navkar posts strong Q2 and H1 growth in parent presentation
NAVKARCORP · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.6 pts more than its Logistics Solution Provider peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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JSW Infrastructure, Navkar's parent, reported Q2 revenue of Rs 223 crore, up 37%, EBITDA of Rs 33 crore, up 36%, and net profit of Rs 12 crore versus Rs 4 crore. H1 revenue rose 38% to Rs 414 crore, EBITDA rose 48% to Rs 66 crore, and net profit rose 254% to Rs 24 crore. JSW set FY30 logistics targets of Rs 8,000 crore revenue and Rs 2,000 crore EBITDA and plans depot acquisitions.
Positive for Navkar: strong profit growth supports sentiment, while the parent's logistics expansion and acquisition plans may create further opportunities.