Hi, Roshan. All 11 sold more, yet two of the three port companies earned less than a year ago, and port shares still rose 17%. That matches your point that sales do not explain the split. I would also watch other income. At Delhivery it was ₹67 crore, bigger than profit of ₹41 crore, and at JSW Infrastructure ₹189 crore sat next to profit of ₹328 crore. If that share stays high, the profit figure will be a weaker guide.
pipavav runs the other way. other income fell from 70 cr to ₹24 cr over the year and that's what pulled its net profit down. operating profit went up, the port business itself had a better quarter than last year
Hi, Roshan. All 11 sold more, yet two of the three port companies earned less than a year ago, and port shares still rose 17%. That matches your point that sales do not explain the split. I would also watch other income. At Delhivery it was ₹67 crore, bigger than profit of ₹41 crore, and at JSW Infrastructure ₹189 crore sat next to profit of ₹328 crore. If that share stays high, the profit figure will be a weaker guide.
Educational, not investment advice.
pipavav runs the other way. other income fell from 70 cr to ₹24 cr over the year and that's what pulled its net profit down. operating profit went up, the port business itself had a better quarter than last year