JSW Infrastructure reports damage to one tank at Fujairah Terminal after drone debris

JSW Group firm JSW Infrastructure Ltd on Tuesday (March 3) said that one of its fifteen storage tanks at the Fujairah Liquid Terminal sustained damage after debris from an intercepted drone fell within the facility earlier in the day.

The company said the incident occurred at its terminal in Fujairah, where it operates fifteen tanks. Following the detection of the debris impact, emergency response procedures were activated in line with established safety protocols.

Local authorities and onsite safety teams acted immediately, and the situation remained fully contained. There were no injuries reported, and all personnel at the terminal are safe. The remaining fourteen tanks at the facility have been secured.

Also Read: JSW Infrastructure board to discuss fundraising proposals on February 20

The company said adequate insurance coverage for the facility is already in place. A detailed technical assessment is currently underway to evaluate the structural impact of the damaged tank and to determine the restoration plan.

Third Quarter Results

For the quarter ended June 30, 2025, JSW Infrastructure reported a 21.2% year-on-year (YoY) increase in operational revenue, rising to ₹1,224 crore from ₹1,010 crore in Q1 FY25. Total revenue for the quarter grew by 19% YoY, reaching ₹1,314 crore.

Profitability also witnessed a strong uptick. Operating EBITDA rose by 13% YoY to ₹581 crore, while overall EBITDA increased by 10% YoY to ₹671 crore. The company's profit after tax (PAT) saw significant growth, surging 31.5% YoY to ₹384 crore, compared to ₹292 crore in the same period last year.

Also Read: Here's why shares of JSW Infra are surging despite a near-term guidance cut

JSW Infrastructure maintained a healthy net debt to operating EBITDA (TTM) ratio of 0.54x, demonstrating strong financial discipline. The company also reported cash and cash equivalents of ₹4,360 crore, positioning it strongly for future growth and expansion.

On the operational front, JSW Infra handled 29.4 million tonnes (MT) of cargo during Q1 FY26, a 5% YoY increase. This growth was driven by solid performance at major terminals, including Ennore, Paradip, and PNP, along with interim operations at Tuticorin and the JNPA liquid terminal.

On Monday (February 2), shares of JSW Infrastructure Ltd ended at ₹251.35, down by ₹3.50, or 1.37%, on the BSE.

Also Read: JSW Infra shares can surge 33%, Motilal Oswal says banking on port-led industrial growth