| Scrip Code | 540311 |
|---|---|
| NSE Symbol | JITFINFRA |
| MSEI Symbol | NA |
| ISIN | INE863T01013 |
| Name of company | JITF INFRALOGISTICS LIMITED |
| Type of company | Main Board |
| Class of security | Equity |
| Date of start of financial year | 01-04-2026 |
| Date of end of financial year | 31-03-2027 |
| Date of board meeting when results were approved | 12-08-2026 |
| Date on which prior intimation of the meeting for considering financial results was informed to the exchange | 04-08-2026 |
| Description of presentation currency | INR |
| Level of rounding used in financial results | Lakhs |
| Reporting Type | Quarterly |
| Reporting Quarter | First quarter |
| Nature of report standalone or consolidated | Consolidated |
| Whether results are audited or unaudited for the quarter ended | Unaudited |
| Whether results are audited or unaudited for the Year to date for current period ended/year ended | |
| Segment Reporting | Multi segment |
| Description of single segment | |
| Start date and time of board meeting | 12-08-2026 15:00:00 |
| End date and time of board meeting | 12-08-2026 16:30:00 |
| Whether cash flow statement is applicable on company | |
| Type of cash flow statement | |
| Declaration of unmodified opinion or statement on impact of audit qualification | Not applicable |
| Particulars | 3 months/ 6 months ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |
|---|---|---|---|
| A | Date of start of reporting period | 01-04-2026 | 01-04-2026 |
| B | Date of end of reporting period | 30-06-2026 | 30-06-2026 |
| C | Whether results are audited or unaudited | Unaudited | Unaudited |
| D | Nature of report standalone or consolidated | Consolidated | Consolidated |
| 1 | Income | ||
| Revenue from operations | 66,403.14 | 66,403.14 | |
| Other income | 1,246.62 | 1,246.62 | |
| Total income | 67,649.76 | 67,649.76 | |
| 2 | Expenses | ||
| (a) | Cost of materials consumed | 22,212.13 | 22,212.13 |
| (b) | Purchases of stock-in-trade | 0.00 | 0.00 |
| (c) | Changes in inventories of finished goods, work-in-progress and stock-in-trade | 19,987.58 | 19,987.58 |
| (d) | Employee benefit expense | 6,009.04 | 6,009.04 |
| (e) | Finance costs | 9,415.91 | 9,415.91 |
| (f) | Depreciation, depletion and amortisation expense | 2,631.05 | 2,631.05 |
| (f) | Other Expenses | ||
| 1 | Changes in inventories of finished goods, Stock-in -Trade and work- in-progress | (360.30) | (360.30) |
| 2 | Other expenses | 4,377.63 | 4,377.63 |
| Total other expenses | 4,017.33 | 4,017.33 | |
| Total expenses | 64,273.04 | 64,273.04 | |
| 3 | Total profit before exceptional items and tax | 3,376.72 | 3,376.72 |
| 4 | Exceptional items | (2,464.33) | (2,464.33) |
| 5 | Total profit before tax | 912.39 | 912.39 |
| 6 | Tax expense | ||
| 7 | Current tax | 392.68 | 392.68 |
| 8 | Deferred tax | 732.54 | 732.54 |
| 9 | Total tax expenses | 1,125.22 | 1,125.22 |
| 10 | Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement | 0.00 | 0.00 |
| 11 | Net Profit Loss for the period from continuing operations | (212.83) | (212.83) |
| 12 | Profit (loss) from discontinued operations before tax | 0.00 | 0.00 |
| 13 | Tax expense of discontinued operations | 0.00 | 0.00 |
| 14 | Net profit (loss) from discontinued operation after tax | 0.00 | 0.00 |
| 15 | Share of profit (loss) of associates and joint ventures accounted for using equity method | 4.55 | 4.55 |
| 16 | Total profit (loss) for period | (208.28) | (208.28) |
| 17 | Other comprehensive income net of taxes | (63.44) | (63.44) |
| 18 | Total Comprehensive Income for the period | (271.72) | (271.72) |
| 19 | Total profit or loss, attributable to | ||
| Profit or loss, attributable to owners of parent | (548.67) | (548.67) | |
| Total profit or loss, attributable to non-controlling interests | 340.39 | 340.39 | |
| 20 | Total Comprehensive income for the period attributable to | ||
| Comprehensive income for the period attributable to owners of parent | (580.28) | (580.28) | |
| Total comprehensive income for the period attributable to owners of parent non-controlling interests | 308.56 | 308.56 | |
| 21 | Details of equity share capital | ||
| Paid-up equity share capital | 514.07 | 514.07 | |
| Face value of equity share capital | 2 | 2 | |
| 27 | Details of debt securities | ||
| 22 | Reserves excluding revaluation reserve | ||
| 23 | Earnings per share | ||
| i | Earnings per equity share for continuing operations | ||
| Basic earnings (loss) per share from continuing operations | -2.13 | -2.13 | |
| Diluted earnings (loss) per share from continuing operations | -2.13 | -2.13 | |
| ii | Earnings per equity share for discontinued operations | ||
| Basic earnings (loss) per share from discontinued operations | 0 | 0 | |
| Diluted earnings (loss) per share from discontinued operations | 0 | 0 | |
| ii | Earnings per equity share | ||
| Basic earnings (loss) per share from continuing and discontinued operations | -2.13 | -2.13 | |
| Diluted earnings (loss) per share from continuing and discontinued operations | -2.13 | -2.13 | |
| 24 | Debt equity ratio | ||
| 25 | Debt service coverage ratio | ||
| 26 | Interest service coverage ratio | ||
| 27 | Disclosure of notes on financial results | Textual Information(1) | |
| Textual Information(1) | Notes:- 1. The Group has three primary Operating segments i.e. Water Infrastructure, Urban Infrastructure and Trading activities. 2. (a) Arbitration proceedings were initiated by JITF Urban Waste Management (Jalandhar) Limited and JITF Urban Waste Management (Ferozepur) Limited (hereinafter collectively referred to as “JUWML”) against the Municipal Corporations, Jalandhar and Ferozepur, in relation to the Jalandhar and Ferozepur projects, respectively. The Hon’ble Arbitral Tribunal, vide Awards dated 15 January 2022, awarded sums of Rs. 20,444.21 lakhs (including Bank Guarantee amounting to Rs. 500 lakhs) and Rs. 9,229.35 lakhs (including Bank Guarantee amounting to Rs. 340 lakhs), along with applicable interest, in favour of the respective companies. The Municipal Corporations, Jalandhar and Ferozepur challenged the aforesaid arbitral awards under Section 34 of the Arbitration and Conciliation Act, 1996, before the District Court, Chandigarh alongwith applications seeking interim stay of the awards. The said petitions along with the interim stay applications, were dismissed by the District Court, Chandigarh, vide order dated 08.01.2024. Subsequently, appeals filed under Section 37 of the Arbitration and Conciliation Act, 1996 were preferred by respective corporations before the Hon’ble High Court, were also dismissed vide order dated 09.12.2025. Aggrieved thereby, the respective Municipal Corporations filed Special Leave Petitions before the Hon’ble Supreme Court challenging the order dated 09.12.2025 passed by the Hon’ble High Court. The Hon’ble Supreme Court, vide order dated 20.02.2026, set aside the order passed by the Hon’ble High Court and restored the petitions filed under Section 34 of the Arbitration and Conciliation Act, 1996. However, while passing the said order, the Hon’ble Supreme Court categorically observed that the restoration of the arbitration petitions filed by the appellant Corporations under Section 34 of the Arbitration and Conciliation Act, 1996 would have no bearing upon the pending execution proceedings, which shall continue independently, particularly since the earlier orders staying the operation of the arbitral Awards were no longer in force. Further, the respective Municipal Corporations also challenged the orders dated 23.08.2023 and 18.11.2023 passed by the District Court, Chandigarh, directing the deposit of 100% of the awarded amounts. However, the said revision petitions were dismissed by the Hon’ble High Court. JUWML has also challenged certain portions of the arbitral Awards under Section 34 of the Arbitration and Conciliation Act, 1996, and further initiated enforcement/execution proceedings in respect of the arbitral Awards before the District Court, Chandigarh, which are presently pending adjudication. (b) The Concessioning Authority i.e., Municipal Corporation, Bathinda (MCB) did not fulfil their contractual obligations of the Concession Agreement dated 23.11.2011, and did not rectify the Events of Default as raised by JITF Urban Waste Management (Bathinda) Ltd. (JUWMBL), a step-down subsidiary of the Company, within the period as prescribed under the Concession Agreement. Accordingly, JUWMBL issued a Termination Notice on 05.12.2018 w.e.f. 19.01.2019. Since the disputes between the JUWMBL and MCB & Department of Local Government, Govt. of Punjab (DoLG) continued to persist, JUWMBL invoked the Arbitration Clause of the Concession Agreement vide Notice of Arbitration dated 19.03.2019, against the MCB and other Respondents. JUWMBL filed Statement of Claim before Arbitral Tribunal and MCB also filed counterclaim. The Arbitral Award in this matter was pronounced on 21.05.2025, wherein it held that termination of the contract by JUWMBL was not valid and JUWMBL to continue to perform the contract till the expiry of the concession period or early termination in a valid manner. The Tribunal further awarded JUWMBL’s claim for tipping fee of Rs. 183.57 lakhs along with interest. The MCB’S counterclaim for land lease payment of Rs. 8.11 lakhs together with interest from the date of filing of the Counterclaim on 31.07.2019, was also allowed. Currently, JUWMBL is continuing its operations and objection petition under section 34 filed before the District Court Chandigarh challenging the aforesaid award dated 21.05.2025, which is pending disposal. 3. The Group consolidated financial results includes the results of the following entities: Relationship Name of the Entity Holding Company JITF Infralogistics Limited Subsidiaries Direct Subsidiary a) JITF Urban Infrastructure Services Limited Indirect Subsidiaries b) JWIL Infra Limited c) JITF Urban Infrastructure Limited d) JWIL Infra Projects Limited e) Quality Iron and Steel Limited f) Jindal Urban Waste Management Limited g) JITF Water Infra (Naya Raipur) Limited h) JITF ESIPL CETP (Sitarganj) Limited i) JITF Urban Waste Management (Ferozepur) Limited j) JITF Urban Waste Management (Jalandhar) Limited k) JITF Urban Waste Management (Bathinda) Limited l) Jindal Urban Waste Management (Visakhapatnam) Limited m) Jindal Urban Waste Management (Guntur) Limited n) Timarpur- Okhla Waste Management Company Limited o) Jindal Urban Waste Management (Jaipur) Limited p) Jindal Urban Waste Management (Jodhpur) Limited q) Jindal Urban Waste Management (Bawana) Limited r) Jindal Urban Waste Management (Ahmedabad) Limited s) Tehkhand Waste to Electricity Project Limited t) Jindal Urban Waste Management (Nellore) Limited u) Jindal Urban Waste Management (Kakinada) Limited v) Tuticorn Desal Private Limited w) CWS Private Limited x) Chennai Smart Water Meters Private Limited Joint Venture Joint Venture of Indirect Subsidiaries a) JWIL-SSIL (JV) b) SMC-JWIL (JV) c) JWIL-Ranhill (JV) d) TAPI-JWIL (JV) e) MEIL-JWIL (JV) f) JWIL-SPML (JV) g) OMIL-JWIL-VKMCPL (JV) h) KNK-JWIL (JV) i) SPML -JWIL (JV) j) JWIL LCC (JV) k) JWIL OMIL SPML(JV) l) JWIL VKMCPL (JV) m) JWIL SSG (JV) n) JWIL- SPML Consortium o) JWIL-UEPL (JV) 4. During the financial year 2025-26, JWIL Infra Limited (JWIL), indirect subsidiary of the Company offered 37,85,000 stock options convertible into equal number of equity shares of JWIL of face value Rs 10/- each under the “JWIL ESOP Scheme 2025”, as approved by the shareholder through special resolution passed at the EGM held on November 10,2025 to the eligible employees of JWIL. Share based payment expense for the quarter ended June 30, 2026 is Rs. 2464.33 lakhs (year ended March 31, 2026 is Rs. 4592.17 lakhs) has been recognized and disclosed as Exceptional Item. Consequently, upon exercise of all options by all employees to whom employee stock options shall be granted and allotment of shares by JWIL to all such employees, the shareholding of the JITF Urban Infrastructure Services Limited (JUISL), also a material subsidiary of the Company, in JWIL will be diluted from 54.60% to 50.01%. However, JWIL shall continue to remain indirect subsidiary of the Company. 5. The figures of the quarter ended March 31, 2026 are the balancing figures between the audited figures for the financial year ended March 31, 2026 and the published unaudited figures for the nine months ended December 31, 2025. 6. These results have been reviewed by the Audit Committee and approved by the Board of Directors in their respective meetings held on 12th August, 2026. BY Order of the Board for JITF Infralogistics Limited Place: New Delhi Dr. Amarendra Kumar Sinha Date: 12th August, 2026 Whole Time Director & CEO DIN 08190565 |
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| Debt equity ratio | |
|---|---|
| Debt service coverage ratio | |
| Interest service coverage ratio |
| Particulars | 3 months/ 6 month ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |||||
|---|---|---|---|---|---|---|---|
| Date of start of reporting period | 01-04-2026 | 01-04-2026 | |||||
| Date of end of reporting period | 30-06-2026 | 30-06-2026 | |||||
| Whether results are audited or unaudited | Unaudited | Unaudited | |||||
| Nature of report standalone or consolidated | Consolidated | Consolidated | |||||
| 1 | Segment Revenue (Income) | ||||||
| (net sale/income from each segment should be disclosed) | |||||||
| 1 | a) Water Infrastructure | 54,682.04 | 54,682.04 | ||||
| 2 | b) Urban Infrastructure | 11,721.10 | 11,721.10 | ||||
| 3 | c) Trading Activities | 0.00 | 0.00 | ||||
| 4 | d) Others | 0.00 | 0.00 | ||||
| Total Segment Revenue | 66,403.14 | 66,403.14 | |||||
| Less: Inter segment revenue | 0.00 | 0.00 | |||||
| Revenue from operations | 66,403.14 | 66,403.14 | |||||
| 2 | Segment Result | ||||||
| Profit (+) / Loss (-) before tax and interest from each segment | |||||||
| 1 | a) Water Infrastructure | 6,322.99 | 6,322.99 | ||||
| 2 | b) Urban Infrastructure | 5,542.46 | 5,542.46 | ||||
| 3 | c) Trading Activities | 0.00 | 0.00 | ||||
| 4 | d) Others | (314.90) | (314.90) | ||||
| Total Profit before tax | 11,550.55 | 11,550.55 | |||||
| i. Finance cost | 8,454.08 | 8,454.08 | |||||
| ii. Other Unallocable Expenditure net off Unallocable income | 2,179.53 | 2,179.53 | |||||
| Profit before tax | 916.94 | 916.94 | |||||
| 3 | (Segment Asset - Segment Liabilities) | ||||||
| Segment Asset | |||||||
| 1 | a) Water Infrastructure | 2,58,512.12 | 2,58,512.12 | ||||
| 2 | b) Urban Infrastructure | 2,51,581.66 | 2,51,581.66 | ||||
| 3 | c) Trading Activities | 0.00 | 0.00 | ||||
| 4 | d) Others | 328.11 | 328.11 | ||||
| Total Segment Asset | 5,10,421.89 | 5,10,421.89 | |||||
| Un-allocable Assets | 22,636.12 | 22,636.12 | |||||
| Net Segment Asset | 5,33,058.01 | 5,33,058.01 | |||||
| 4 | Segment Liabilities | ||||||
| Segment Liabilities | |||||||
| 1 | a) Water Infrastructure | 1,01,062.85 | 1,01,062.85 | ||||
| 2 | b) Urban Infrastructure | 28,982.59 | 28,982.59 | ||||
| 3 | c) Trading Activities | 0.00 | 0.00 | ||||
| 4 | d) Others | 849.86 | 849.86 | ||||
| Total Segment Liabilities | 1,30,895.30 | 1,30,895.30 | |||||
| Un-allocable Liabilities | 4,44,351.39 | 4,44,351.39 | |||||
| Net Segment Liabilities | 5,75,246.69 | 5,75,246.69 | |||||
| Disclosure of notes on segments | |||||||
| Particulars | 3 months/ 6 months ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |
|---|---|---|---|
| A | Date of start of reporting period | 01-04-2026 | 01-04-2026 |
| B | Date of end of reporting period | 30-06-2026 | 30-06-2026 |
| C | Whether results are audited or unaudited | Unaudited | Unaudited |
| D | Nature of report standalone or consolidated | Consolidated | Consolidated |
| Other comprehensive income [Abstract] | |||
| 1 | Amount of items that will not be reclassified to profit and loss | ||
| 1 | Re-measurement gains (losses) on defined benefit plan | (22.06) | (22.06) |
| Total Amount of items that will not be reclassified to profit and loss | (22.06) | ||
| 2 | Income tax relating to items that will not be reclassified to profit or loss | (5.56) | (5.56) |
| 3 | Amount of items that will be reclassified to profit and loss | ||
| 1 | Exchange difference in translating the financial statements of foreign operations | (46.94) | (46.94) |
| Total Amount of items that will be reclassified to profit and loss | (46.94) | ||
| 4 | Income tax relating to items that will be reclassified to profit or loss | 0.00 | 0.00 |
| 5 | Total Other comprehensive income | (63.44) | (63.44) |