{"id":171678,"date":"2025-10-21T07:04:55","date_gmt":"2025-10-21T11:04:55","guid":{"rendered":"https:\/\/44.250.171.167\/?p=171678"},"modified":"2025-10-21T07:04:55","modified_gmt":"2025-10-21T11:04:55","slug":"jsw-energy-q2-fy26-earnings-results","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/jsw-energy-q2-fy26-earnings-results\/","title":{"rendered":"JSW Energy Q2 FY26 Earnings Results"},"content":{"rendered":"

JSW Energy Ltd, part of the diversified JSW Group, is engaged in the generation, transmission, and trading of power, with core assets across Karnataka, Maharashtra, Nandyal, and Salboni. The company also operates joint ventures in mining and an associate company engaged in turbine manufacturing, reinforcing its integrated power business model.<\/p>\n

Q2 FY26 Earnings Summary<\/strong><\/h2>\n

Consolidated revenue stood at \u20b95,177 crore, up 59.88% year on year from \u20b93,238 crore, driven by renewable capacity additions and contributions from the Mahanadi and O2 Power projects.
\nTotal expenses rose 78.97% to \u20b94,408 crore from \u20b92,463 crore a year earlier, mainly on account of higher power purchase and depreciation costs.
\nConsolidated Net Profit<\/a> declined 6.04% to \u20b9824 crore compared to \u20b9877 crore in the same quarter last year.
\nEarnings Per Share (EPS) stood at \u20b94.03, down 17.42% year on year from \u20b94.88.
\nEBITDA rose 67% to \u20b93,180 crore, supported by strong renewable generation growth of 52% and stable tariff realizations.<\/p>\n

Operational and Business Highlights<\/strong><\/h2>\n

JSW Energy added 443 MW of renewable capacity during the quarter, bringing total installed capacity to 13.2 GW and reinforcing its long-term target of 30 GW by 2030.
\nPower generation increased by 52% year on year to 14.9 billion units, led by new solar and wind projects and contributions from the Kutehr Hydro and Mahanadi thermal plants.
\nThe O2 Power acquisition added incremental EBITDA of \u20b9267 crore, while the Mahanadi project contributed \u20b9807 crore, showcasing the company\u2019s inorganic growth strategy.
\nEBITDA margin stood at 59%, reflecting operational efficiencies across assets and effective cost control despite higher depreciation and interest expenses.<\/p>\n

Financial Position and Outlook<\/strong><\/h2>\n

JSW Energy maintains a robust balance sheet with a net debt-to-equity ratio of 2.1x, reflecting prudent capital management as it undertakes large-scale renewable capacity expansion.
\nThe company plans to add 4.6 GW under construction and 29.4 GWh of energy storage projects, including pumped hydro and battery systems, as part of its clean energy transition roadmap.
\nManagement reiterated its target to achieve over 40 GWh of energy storage and maintain strong profitability supported by locked-in EBITDA of \u20b936,000 crore from long-term PPAs.
\nDespite short-term pressure on net profit due to higher costs and project capitalization, JSW Energy remains well-positioned to drive long-term growth in India\u2019s evolving power and renewable energy landscape.<\/p>\n

Explore the company\u2019s past earnings and latest concall transcripts, click here<\/a> to visit the AlphaStreet India News Channel.<\/p>\n

\"Q2<\/p>\n","protected":false},"excerpt":{"rendered":"

JSW Energy Ltd, part of the diversified JSW Group, is engaged in the generation, transmission, and trading of power, with core assets across Karnataka, Maharashtra, Nandyal, and Salboni. The company also operates joint ventures in mining and an associate company engaged in turbine manufacturing, reinforcing its integrated power business model. Q2 FY26 Earnings Summary Consolidated […]<\/p>\n","protected":false},"author":1932,"featured_media":171679,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[105,392],"tags":[9731],"class_list":["post-171678","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-infographics","category-earnings","tag-power-transmission"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/JSE.png","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":171605,"url":"https:\/\/alphastreet.com\/india\/jsw-steel-q2-fy26-earnings-results\/","url_meta":{"origin":171678,"position":0},"title":"JSW Steel Q2 FY26 Earnings Results","author":"Divyansh_Kasana","date":"October 17, 2025","format":false,"excerpt":"Company Overview JSW Steel Ltd is a leading Indian steel manufacturer engaged in the production and sale of Iron and Steel products. It is the flagship business of the diversified US$ 23 billion JSW Group, with interests spanning energy, infrastructure, cement, paints, sports, and venture capital. Presenting below its Q2\u2026","rel":"","context":"In "AlphaGraphs"","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"JSWSTEEL Q2 FY26 Earnings Results","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/JSSTEEL.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/JSSTEEL.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/JSSTEEL.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/JSSTEEL.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/JSSTEEL.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/JSSTEEL.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":171598,"url":"https:\/\/alphastreet.com\/india\/jsw-infrastructure-q2-fy26-earnings-results\/","url_meta":{"origin":171678,"position":1},"title":"JSW Infrastructure Q2 FY26 Earnings Results","author":"Divyansh_Kasana","date":"October 17, 2025","format":false,"excerpt":"Company Overview JSW Infrastructure Ltd is a leading player in maritime services providing cargo handling, storage, and logistics solutions. The company operates key port and terminal facilities handling bulk and containerized cargo in India. Presenting below its Q2 FY26 Earnings Results. Q2 FY26 Earnings Results JSW Infrastructure reported consolidated revenues\u2026","rel":"","context":"In "AlphaGraphs"","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"JSWSTEEL Q2 FY26 Earnings Results","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/JSWIN.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/JSWIN.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/JSWIN.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/JSWIN.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/JSWIN.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/JSWIN.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":177804,"url":"https:\/\/alphastreet.com\/india\/jsw-steel-q3-fy26-earnings-results\/","url_meta":{"origin":171678,"position":2},"title":"JSW Steel Q3 FY26 Earnings Results","author":"Divyansh_Kasana","date":"January 27, 2026","format":false,"excerpt":"Executive Summary JSW Steel Ltd reported Q3FY26 revenues of \u20b945,991 crore, up 11.15% YoY, with consolidated net profit surging 235.19% to \u20b92,410 crore. Total expenses rose 10.01% YoY to \u20b944,278 crore, enabling substantial earnings recovery. Revenue & Growth Revenues increased to \u20b945,991.00 crore in Q3FY26 from \u20b941,378.00 crore YoY, a\u2026","rel":"","context":"In "AlphaGraphs"","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/JSW.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/JSW.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/JSW.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/JSW.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/JSW.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/JSW.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":179653,"url":"https:\/\/alphastreet.com\/india\/jsw-cement-q3-fy26-earnings-results\/","url_meta":{"origin":171678,"position":3},"title":"JSW Cement Q3 FY26 Earnings Results","author":"Divyansh_Kasana","date":"February 5, 2026","format":false,"excerpt":"Executive Summary JSW Cement Ltd reported Q3FY26 revenues of \u20b91,621 crore, up 13.12% YoY, swinging from a \u20b980 crore loss to \u20b9131 crore profit driven by 14% volume growth to 3.56 MT and 31.5% EBITDA surge to \u20b9285 crore. Expense reduction and operational leverage marked strong green cement execution. Revenue\u2026","rel":"","context":"In "AlphaGraphs"","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/JSWC.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/JSWC.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/JSWC.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/JSWC.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/JSWC.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/JSWC.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":177248,"url":"https:\/\/alphastreet.com\/india\/jsw-infrastructure-q3-fy26-earnings-results\/","url_meta":{"origin":171678,"position":4},"title":"JSW Infrastructure Q3 FY26 Earnings Results","author":"Divyansh_Kasana","date":"January 23, 2026","format":false,"excerpt":"JSW Infrastructure Limited provides maritime-related services including cargo handling, storage solutions, and logistics services. Financial Results JSW Infrastructure Ltd reported Revenues for Q3FY26 of \u20b91,350.00 Crores up from \u20b91,182.00 Crore year on year, a rise of 14.21%. Total Expenses for Q3FY26 of \u20b9963.00 Crores down from \u20b9990.00 Crores year on\u2026","rel":"","context":"In "AlphaGraphs"","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/JS.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/JS.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/JS.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/JS.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/JS.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/JS.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":179322,"url":"https:\/\/alphastreet.com\/india\/akzo-nobel-q3-fy26-earnings-results\/","url_meta":{"origin":171678,"position":5},"title":"Akzo Nobel Q3 FY26 Earnings Results","author":"Divyansh_Kasana","date":"February 3, 2026","format":false,"excerpt":"Executive Summary Akzo Nobel India Ltd reported Q3FY26 revenues of \u20b9908 crore, down 13.52% YoY, with consolidated net profit declining 32.11% to \u20b974 crore despite 5.9% volume growth. Powder Coatings divestment and pricing pressures impacted topline, though core Paints business showed resilience ahead of JSW Paints integration. Revenue & Growth\u2026","rel":"","context":"In "AlphaGraphs"","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/AKZO.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/AKZO.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/AKZO.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/AKZO.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/AKZO.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/AKZO.png?resize=1400%2C800&ssl=1 4x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/171678","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/1932"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=171678"}],"version-history":[{"count":0,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/171678\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media\/171679"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=171678"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=171678"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=171678"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}