JSW Energy net profit up eight-fold to Rs 864 crore
Sajjan Jindal-led JSW Energy’s consolidated operating profit or Ebitda (earnings before interest, taxes, depreciation, and amortisation) for the January-March quarter rose 79% year-on-year (y-o-y) to Rs 1,132 crore on one-time reversal of provisions towards a tariff true-up (adjustment) order for the Karcham Wangtoo hydro plant.
Adjusted for one-time reversal, the operating profit grew 36% on year to Rs 821 crore.
