Waste management stock falls 14% after its net profit decreases by 87.96% YoYWaste management stock falls 14% after its net profit decreases by 87.96% YoY

Introduction:

Leading waste management company reported a significant drop in net profit for Q3 FY25, down 87.96%. While both revenue and total income declined compared to last year, there was a modest recovery compared to the previous quarter.

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Share price movement of JITF Infralogistics:

On January 31, 2025, JITF Infralogistics Ltd opened at ₹588.95, down 3.63% from its previous close of ₹611.05. The stock reached a high of ₹588.95 and a low of ₹511.80. By 10:43 AM, it traded at ₹534.90, a 12.46% decrease, with a market cap of ₹1,374.89 crore.

JITF Infralogistics Reports Decline in Profit:

JITF Infralogistics Limited reported a decline in net profit for Q3 FY25, posting ₹1.11 crore compared to ₹9.2 crore in the same period last year, marking a decrease of 87.96%. The company’s performance was impacted by lower profitability.

Revenue from operations stood at ₹531.7 crore for Q3 FY25, a 10.61% decrease from ₹618.7 crore in Q3 FY24. However, the company showed growth compared to ₹480.6 crore in the previous quarter, marking a 10.64% increase.

Total income for Q3 FY25 was ₹544.2 crore, reflecting a 12.83% decline from ₹624 crore in Q3 FY24. However, it marked a 10.75% increase from ₹491.4 crore in the previous quarter, indicating a modest recovery.

Stock performance of JITF Infralogistics for Period of 1 week, 6 months and 1 year:

JITF Infralogistics Ltd has experienced a -1.20% return over the past week, reflecting short-term volatility. The stock has faced a significant decline of -31.5% over the last six months, but has posted an 11.0% return over the past year, indicating a positive long-term trend.

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Shareholding pattern of JITF Infralogistics:

All values in %	Dec 2024	Sep 2024	Jun 2024
Promoter	63.00%	63.00%	63.00%
FII	2.00%	2.20%	1.80%
DII	0.00%	0.50%	0.60%
Public	35.00%	34.30%	34.50%

About JITF Infralogistics:

JITF Infra Logistics Ltd (NSE: JITFINFRA) specializes in urban infrastructure development, municipal solid waste management, and energy generation from waste. Part of the O.P. Jindal Group, the company also manufactures railway freight wagons and contributes to various infrastructure sectors.

Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.