jsw energy reports slight profit increase in second quarter earnings

JSW Energy's consolidated net profit for the September 2024 quarter increased slightly to Rs 853 crore, compared to Rs 850 crore in the same period last year. The company's Profit After Tax (PAT) also showed a marginal rise, indicating a stable performance in the market.

Total revenue for the quarter rose by 2 percent year-on-year, amounting to Rs 3,459 crore, up from Rs 3,387 crore in the corresponding quarter of the previous year.

As of September 30, 2024, JSW Energy's consolidated net worth was Rs 27,970 crore, with net debt recorded at Rs 24,875 crore, resulting in a net debt-to-equity ratio of 0.9X.

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