JSW Energy first quarter net profit declines 6% to Rs 201 crore
JSW Energy on Friday reported 5.6 per cent decline in consolidated net profit at Rs 201 crore for June quarter 2021-22.
“On a comparable basis, adjusting for one-time finance charges, Profit After Tax (PAT) stood at Rs 261 crore (in April-June 2021) compared to reported PAT of Rs 213 crore, in corresponding quarter of previous year. Reported PAT for the quarter stood at Rs 201 crore,” a company statement said.
During the quarter, total revenue stood at Rs 1,860 crore as against Rs 1,887 crore in April-June 2020-21, primarily due to reduction attributable to the impact of job work at the standalone entity, partly offset by increase in long-term sales and other income.
