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JSW Energy Ltd Q2FY24; 88% rise in Profits

JSW Energy Ltd and its subsidiaries are primarily engaged in the business of generation of power from its power assets located at Karnataka, Maharashtra, Nandyal and Salboni. It is the holding company for the JSW group’s power business.
The company also has a JV company engaged in mining activities and an associate engaged in manufacturing of turbines.

Financial Results:

  • JSW Energy Ltd reported Revenues for Q2FY24 of ₹3,259.00 Crores up from ₹2,387.00 Crore year on year, a rise of 36.53%.
  • Total Expenses for Q2FY24 of ₹2,302.00 Crores up from ₹1,996.00 Crores year on year, a rise of 15.33%.
  • Consolidated Net Profit of ₹857.00 Crores up 87.53% from ₹457.00 Crores in the same quarter of the previous year.
  • The Earnings per Share is ₹5.17, up 82.69% from ₹2.83 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.
*The presented data is automatically generated. It may occasionally generate incorrect information.

Tags: Energy
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