Q2 is the weakest quarter in the year but we have grown 26%: JSW Infra CEO
Arun Maheshwari, Jt MD & CEO, JSW Infra, says “Q2 is always the weakest quarter in the year and that is why H1 is slightly lower as compared to H2. In any case, we have shown a 26% growth year-on-year basis. We have to look at the similar quarter of last year and the revenue has grown by 29% whereas EBITDA has grown by 33%. Because of higher volume, the total operation cost has gone down. The revenue has gone up and the EBITDA has risen as well.”
Your revenue growth this time around was quite solid at above 25% but break it down for us. What was the pricing led growth and what was the traffic or volume growth?
The quarter has been very stable as what we have seen because in Q2 we have grown by 26% as compared to the previous year quarter but if I have to look at quarter-on-quarter, there has been a bit of dip in the volume because this is the monsoon quarter in India. It is already factored in. Q2 is always the weakest quarter in the year and that is why H1 is slightly lower as compared to H2.
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Offering CollegeCourseWebsiteIIM LucknowIIML Chief Executive Officer ProgrammeVisitIndian School of BusinessISB Chief Technology OfficerVisitIndian School of BusinessISB Chief Digital OfficerVisitIn any case, we have shown a 26% growth year-on-year basis. In the similar quarter of last year, revenue has grown by 29% whereas EBITDA has grown by 33%. Because of higher volume, the total operation cost has gone down. The revenue has gone up and the EBITDA has risen as well.
Given the global disruptions with war etc, how do you see traffic growth panning out in the second half?
In our port company, we have a very unique combination of the cargo flow, wherein the general cargo
