The main line of business for JSW Energy Ltd. and its subsidiaries is the generation of electricity from its power assets in the states of Karnataka, Maharashtra, Nandyal, and Salboni. It serves as the holding company for the electricity division of the JSW group.
The corporation also has a joint venture company involved in mining operations and a partner involved in the production of turbines.
Financial Results:
- JSW Energy Ltd. reported Total Income for Q4FY23 of ₹ 2,806 Crores up from ₹ 2,655 Crore year on year, a rise of 6%.
- Total Expenses for Q4FY23 of ₹ 2,449 Crores up from ₹ 1,687 Crores year on year, rise of 45%.
- Consolidated Net Profit of ₹ 282 Crores, down 68% from ₹ 877 Crores in the same quarter of the previous year.
- The Earnings per Share is ₹ 1.66, down 68% from ₹ 5.24 in the same quarter of the previous year.