5403112025-04-012025-06-305403112025-06-305403112025-04-012025-06-30in-capmkt:OtherExpenses1Member5403112025-04-012025-06-30in-capmkt:OtherExpenses2Member5403112025-04-012025-06-30in-capmkt:ReportableSegments1Member5403112025-04-012025-06-30in-capmkt:ReportableSegments2Member5403112025-04-012025-06-30in-capmkt:ReportableSegments3Member5403112025-04-012025-06-30in-capmkt:ReportableSegments4Member5403112025-04-012025-06-30in-capmkt:ReportableSegments1Member5403112025-04-012025-06-30in-capmkt:ReportableSegments2Member5403112025-04-012025-06-30in-capmkt:ReportableSegments3Member5403112025-04-012025-06-30in-capmkt:ReportableSegments4Member5403112025-04-012025-06-30in-capmkt:ReportableSegments1Member5403112025-06-30in-capmkt:ReportableSegments1Member5403112025-04-012025-06-30in-capmkt:ReportableSegments2Member5403112025-06-30in-capmkt:ReportableSegments2Member5403112025-04-012025-06-30in-capmkt:ReportableSegments3Member5403112025-06-30in-capmkt:ReportableSegments3Member5403112025-04-012025-06-30in-capmkt:ReportableSegments4Member5403112025-06-30in-capmkt:ReportableSegments4Member5403112025-04-012025-06-30in-capmkt:ReportableSegments1Member5403112025-06-30in-capmkt:ReportableSegments1Member5403112025-04-012025-06-30in-capmkt:ReportableSegments2Member5403112025-06-30in-capmkt:ReportableSegments2Member5403112025-04-012025-06-30in-capmkt:ReportableSegments3Member5403112025-06-30in-capmkt:ReportableSegments3Member5403112025-04-012025-06-30in-capmkt:ReportableSegments4Member5403112025-06-30in-capmkt:ReportableSegments4Member5403112025-04-012025-06-30ItemsThatWillNotBeReclassifiedToProfitAndLoss15403112025-04-012025-06-30ItemsThatWillBeReclassifiedToProfitAndLoss1iso4217:INRiso4217:INRxbrli:shares540311JITFINFRANAINE863T01013JITF INFRALOGISTICS LIMITEDMain BoardEquity2025-04-012026-03-312025-08-132025-08-05INRLakhsQuarterlyFirst quarterMulti segment2025-08-1313:00:002025-08-1315:45:00Not applicable2025-04-012025-06-30UnauditedConsolidated5501644000947190005596363000199840600061662000-1452260005025970001009325000241955000178430500054530240001433390000143339000846090001054100001900190000-46680000000-405000-47085000-1474000-48559000-11128700064202000-112191000636320005140700010-4.33-4.3300-4.33-4.331.The Group had four primary segments i.e. Rail Freight Wagons, Water Infrastructure, Urban Infrastructure and Trading activities. However, one segment i.e. Rail Freight Wagons (refer note 4 below) was disinvested to Texmaco Rail & Engineering Limited on 3rd September 2024 and thus the company has now three primary segments i.e. Water Infrastructure, Urban Infrastructure and Trading activities. 2. (a) The Arbitration proceedings invoked against Municipal Corporations (MC), Jalandhar & Ferozepur by JITF Urban Waste Management (Jalandhar) Limited and JITF Urban Waste Management (Ferozepur) Limited (hereinafter together referred to as “JUWML”) relating to the Jalandhar and Ferozepur projects respectively. The Hon’ble Arbitral Tribunal on 15th January 2022 delivered and passed Awards of Rs. 20444.21 lacs (including Bank Guarantee of Rs. 500 lacs) and Rs. 9229.35 lacs (including Bank Guarantee of Rs. 340 lacs) along with interest, in favour of respective companies.The MC, Jalandhar & Ferozepur filed objection Petition U/s 34 of the arbitration and conciliation Act, 1996 with interim stay application before District Court, Chandigarh, challenging the Award dated 15th January, 2022 passed in favour of JUWML. The said petition U/s 34 & interim stay application filed by MC, Jalandhar & Ferozepur have been dismissed by District Court, Chandigarh on 08.01.2024 and appeal U/s 37 against the said order is still pending before High Court Chandigarh. The JUWML also challenged some portion of the award under Section 34 and also filed application for enforcement of arbitral award before the District Court, Chandigarh which are pending for disposal. (b) The Concessioning Authority i.e. Municipal Corporation, Bathinda (MCB) did not fulfil their contractual obligations of the Concession Agreement and thus they did not rectify the Events of Default as raised by one of the step down subsidiary of the Company namely JITF Urban Waste Management (Bathinda) Ltd. (JUWMBL) in the Consultation Notice, within 90 days as prescribed under the Concession Agreement dated 23.11.2011, the 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 during the proceedings for adjudication.The Arbitral Award in this matter was pronounced on 21.05.2025, wherein the Tribunal has held that termination of the contract by JUWMBL is illegal and required to continue to perform the contract till the expiry of the concession period or early termination in a valid manner.The Tribunal further awarded the claim for tipping fee of Rs. 183.57 lacs along with interest in favour of JUWMBL. The MCB’S counterclaim for land lease payment of Rs. 8.11 lacs together with interest from the date of filing of the Counterclaim on 31.07.2019 has also been accepted by Arbitral Tribunal.Currently, JUWMBL is continuing its operations and also in the process of exploring legal recourse against the Arbitral Award and will take appropriate legal steps against the same.3.The figures for the quarter ended March 31, 2025 are the balancing figures between the audited figures in respect of the financial year and the published unaudited year to date figures up to third quarter of the financial year which were subject to limited review by the auditor. Previous period figures have been regrouped/reclassified/recast, wherever necessary, to make them comparable. 4.(a) In the financial year 2024-25, the shareholders of the Company had accorded their consent to the Board of Directors of the Company and JITF Urban Infrastructure Services Limited (JUISL), a material subsidiary of the Company, for disinvestment of the equity shares held by JUISL in Jindal Rail Infrastructure Limited (JRIL), a wholly owned subsidiary of JUISL. The subsidiary of the company i.e. JUISL has completed sale transaction of its Investment in step down subsidiary namely JRIL with Texmaco Rail & Engineering Limited under Securities Purchase agreement dated 25th July 2024 on 3rd September 2024 and has received the sale consideration of Rs 46435.65 lacs and thus JRIL is no longer a subsidiary of the Company with effect from 3rd September 2024. Accordingly, the consolidated financials of the group include financials of JRIL till 2nd September 2024 and profit of Rs.13414.95 lacs on this has been presented as exceptional item in consolidated financial results. (b) In accordance with Ind AS 105 “Non-current Assets held for Sale and Discontinued Operations”, assets and liabilities of business operation forming part of disposal of JRIL have been considered as part of discontinued operations.The results of discontinued operations – JRIL (including discontinued operations of earlier periods) are disclosed in the table:S. No.Particulars Quarter Ended/Period Ended 30.06.2024 02.09.2024 (unaudited) (Audited) 1.Total Income 19,726.61 36,848.03 2 Total Expenses 16,598.07 31,097.06 3 Profit(+)/Loss (-) before Tax, Exceptional items (1 - 2) 3,128.54 5,750.97 4 Exceptional Items (Gain)/ Loss-- 5 Profit/(loss) before tax (4-5)3,128.54 5,750.97 6 Less: Tax Expense 779.82 1,439.59 7 Net Profit (+)/Loss (-) after tax (5- 6) 2,348.72 4,311.38 8 Other Comprehensive Income - - i) Item that will not be reclassified to profit or loss (Net of Tax) 60.61 59.97 ii) Item that will be reclassified to profit or loss- - 9 Total Comprehensive Income for the period (7 +8) 2,409.33 4,371.35 (c) Figures of the consolidated financial results for the quarter ended 30th June, 2024 has been restated considering the JRIL as discontinued operation. 5. The Group consolidated financial results includes the results of the following entities: Relationship Name of the Entity Holding Company JITF Infralogistics Limited Subsidiaries Direct Subsidiaries 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 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) <BR> 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) (w.e.f. 28.01.2025) n) JWIL- SPML Consortium (w.e.f. 02.06.2025) 6.These results have been reviewed by the Audit Committee and approved by the Board of Directors in their meeting held on 13th August, 2025.Construction Expenses1391022000Other Expenses393283000Water Infrastructure4432951000Urban Infrastructure1068693000Trading0Others0550164400005501644000Water Infrastructure533295000Urban Infrastructure549693000Trading0Others-254480001057540000934537000-19931000142934000Water Infrastructure17610274000Urban Infrastructure22422129000Trading0Others7561600040108019000231414500042422164000Water Infrastructure6570694000Urban Infrastructure2832607000Trading0Others1217100094154720003785238900047267861000Re-measurement gains (losses) on defined benefit plan-1180000-1180000-298000Exchange difference in translating the financial statements of foreign operations-592000-5920000-1474000