JSW Energy on Friday reported over 68 per cent dip in its consolidated net profit to Rs 124 crore for the quarter ended in December. The consolidated net profit of the company was Rs 394 crore in the quarter ended on December 31, 2019, a BSE filing stated.
However, the company said that in the year-ago period net profit included certain tax reversal and one-off gains. Adjusting for all such exceptional items and one-off gains, the consolidated net profit of Rs 124 crore is 12 per cent up on year-on-year (YoY) basis.