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Why JSWINFRA share zoom today by 8% till afternoon?

NSE: JSWINFRA: Rs.311.75 (+8.49%) at 12.00 pm 

JSWINFRA declared Q2 good results yesterday and today the market is giving Thums UP to this stock let’s find out the details of the result. JSWINFRA Q2 Results: Revenue rose by 18.00% year-over-year (YoY) to Rs. 1001 crore, while net profit rose by 46.00% YoY to Rs. 374 crore.

Revenue

Revenue for the current quarter (Sep 2024) is Rs. 1001 crore which is Rs. 1010 crore less than the revenue in the previous quarter (Jun 2024). However, it is higher than the revenue for the same quarter last year (Sep 2023) which was Rs. 848 crore.

Net Profit

Net Profit for the current quarter (Sep 2024) is Rs. 374 crore, which is Rs. 297 crore more than the net profit in the previous quarter (Jun 2024). However, compared to last year’s quarter, it is significantly higher than the net profit of Rs. 256 crore for Sep 2023.

Other Income

Other income for the current quarter (Sep 2024) is Rs. 87 crore, which is Rs. 94 crore less than the previous quarter (Jun 2024). However, compared to the same quarter last year, it is higher than the Rs. 47 crore other income for September 2023.

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