5403112025-07-012025-09-305403112025-09-305403112025-03-315403112025-04-012025-09-305403112025-07-012025-09-30in-capmkt:OtherExpenses1Member5403112025-07-012025-09-30in-capmkt:OtherExpenses2Member5403112025-04-012025-09-30in-capmkt:OtherExpenses1Member5403112025-04-012025-09-30in-capmkt:OtherExpenses2Member5403112025-07-012025-09-30in-capmkt:ReportableSegments1Member5403112025-07-012025-09-30in-capmkt:ReportableSegments2Member5403112025-07-012025-09-30in-capmkt:ReportableSegments3Member5403112025-07-012025-09-30in-capmkt:ReportableSegments4Member5403112025-04-012025-09-30in-capmkt:ReportableSegments1Member5403112025-04-012025-09-30in-capmkt:ReportableSegments2Member5403112025-04-012025-09-30in-capmkt:ReportableSegments3Member5403112025-04-012025-09-30in-capmkt:ReportableSegments4Member5403112025-07-012025-09-30in-capmkt:ReportableSegments1Member5403112025-07-012025-09-30in-capmkt:ReportableSegments2Member5403112025-07-012025-09-30in-capmkt:ReportableSegments3Member5403112025-07-012025-09-30in-capmkt:ReportableSegments4Member5403112025-04-012025-09-30in-capmkt:ReportableSegments1Member5403112025-04-012025-09-30in-capmkt:ReportableSegments2Member5403112025-04-012025-09-30in-capmkt:ReportableSegments3Member5403112025-04-012025-09-30in-capmkt:ReportableSegments4Member5403112025-07-012025-09-30in-capmkt:ReportableSegments1Member5403112025-09-30in-capmkt:ReportableSegments1Member5403112025-07-012025-09-30in-capmkt:ReportableSegments2Member5403112025-09-30in-capmkt:ReportableSegments2Member5403112025-07-012025-09-30in-capmkt:ReportableSegments3Member5403112025-09-30in-capmkt:ReportableSegments3Member5403112025-07-012025-09-30in-capmkt:ReportableSegments4Member5403112025-09-30in-capmkt:ReportableSegments4Member5403112025-07-012025-09-30in-capmkt:ReportableSegments1Member5403112025-09-30in-capmkt:ReportableSegments1Member5403112025-07-012025-09-30in-capmkt:ReportableSegments2Member5403112025-09-30in-capmkt:ReportableSegments2Member5403112025-07-012025-09-30in-capmkt:ReportableSegments3Member5403112025-09-30in-capmkt:ReportableSegments3Member5403112025-07-012025-09-30in-capmkt:ReportableSegments4Member5403112025-09-30in-capmkt:ReportableSegments4Member5403112025-07-012025-09-30ItemsThatWillNotBeReclassifiedToProfitAndLoss15403112025-04-012025-09-30ItemsThatWillNotBeReclassifiedToProfitAndLoss15403112025-07-012025-09-30ItemsThatWillBeReclassifiedToProfitAndLoss15403112025-04-012025-09-30ItemsThatWillBeReclassifiedToProfitAndLoss15403112025-07-012025-09-30AuditorDomain1iso4217:INRiso4217:INRxbrli:shares540311JITFINFRANAINE863T01013JITF INFRALOGISTICS LIMITEDMain BoardEquity2025-04-012026-03-312025-11-142025-11-04INRLakhsQuarterlySecond quarterMulti segment2025-11-1415:00:002025-11-1417:15:00trueCash Flow IndirectDeclaration of unmodified opinion2025-07-012025-09-30UnauditedConsolidated537531000010811200054834220001445530000148523000-1429000473222000101495700024516600021525770005478546000487600004876000598640001050960001649600000-160084000000207000-159877000-3305000-163182000-17927700019400000-18151100018329000514070002-6.97-6.9700-6.97-6.97Notes:- 1The 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 3 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 lakhs (including Bank Guarantee of Rs. 500 lakhs) and Rs. 9229.35 lakhs (including Bank Guarantee of Rs. 340 lakhs) 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 objection petition under section 34 filed before the District Court Chandigarh against the arbitral award dated 21.05.2025, which is pending of disposal.3(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 lakhs 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 lakhs 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:(? Lakhs)S. No.Particulars Period Ended 02.09.2024(Audited)1Total Income36848.032Total Expenses31097.063Profit(+)/Loss (-) before Tax, Exceptional items (1 - 2)5750.974Exceptional Items (Gain)/ Loss-5Profit/(loss) before tax (4-5)5750.976Less: Tax Expense1439.597Net Profit (+)/Loss (-) after tax (5- 6)4311.388Other Comprehensive Income -i) Item that will not be reclassified to profit or loss (Net of Tax)59.97ii) Item that will be reclassified to profit or loss-9Total Comprehensive Income for the period (7 +8)4The Group consolidated financial results includes the results of the following entities:RelationshipName of the EntityHolding CompanyJITF Infralogistics LimitedSubsidiariesDirect 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 t) Jindal Urban Waste Management (Nellore) Limited (w.e.f 26.07.2025)u) Jindal Urban Waste Management (Kakinada) Limited (w.e.f 31.07.2025)v) Tuticorn Desal Private Limited (w.e.f. 29.09.2025)Joint VentureJoint 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) (w.e.f. 28.01.2025)n) JWIL- SPML Consortium (w.e.f. 02.06.2025)5These results have been reviewed by the Audit Committee and approved by the Board of Directors in their meeting held on 14th November, 2025.2025-04-012025-09-30UnauditedConsolidated10876954000202831000110797850003443936000210185000-146655000975819000202428200048712100039368820001093157000014821500001482150001444730002105060003549790000-206764000000-198000-206962000-4779000-211741000-29056400083602000-29370200081961000514070002-11.3-11.300-11.3-11.3Construction Expenses1725939000Other expenses426638000Construction Expenses3116961000Other expenses819921000263343900069576000360000158801260001073614000105590001448419000106736200094611700034724570009952060001068520002423163000061051700009551977000995982000203290800055932000558011900018216918000162787000122649400020216716000004444834600051407000-5452959000-5401552000392833000-500871900032355415000000547459000329028740009788600058183700002283454000358660510006485983000168973000386312300040320960001341702000118597810001693098000381350000013591014000004945706500044448346000Water Infrastructure4133374000Urban Infrastructure1122812000Trading Activities119124000Others0Water Infrastructure8566325000Urban Infrastructure2191505000Trading Activities119124000Others0537531000010876954000537531000010876954000Water Infrastructure500880000Urban Infrastructure452217000Trading Activities0Others-41195000Water Infrastructure1034175000Urban Infrastructure1001910000Trading Activities0Others-6664300091190200019694420009460660001880603000-39241000-591720005077000148011000Water Infrastructure18674772000Urban Infrastructure23418483000Trading Activities0Others5973500042152990000229535400044448344000Water Infrastructure7185540000Urban Infrastructure2812547000Trading Activities0Others357440001003383100039423232000494570630002024282000-246352000-11789880000-10675390000000-14667690000004871210000000000000000-1402050000-1588450000-14402350000001757190000-161595400000000000122500094772900043840000000000000000690740000001408590000239836000-49235100000000000381181000000373730002008692000001765745000-3425600000-3425600001338542000995982000(i) Re-measurement gains (losses) on defined benefit plans-1048000-1048000(i) Re-measurement gains (losses) on defined benefit plans-2228000-2228000-264000-562000(i) Exchange difference in translating the financial statements of foreign operations-2521000-2521000(i) Exchange difference in translating the financial statements of foreign operations-3113000-311300000-3305000-4779000UnauditedtrueLODHA & CO LLPtrue2027-03-31