JSW Energy profit jumps eight-fold to Rs 864 cr in March quarter

JSW Energy on Tuesday posted an over eight-fold jump in consolidated net profit to an all-time high of Rs 864 crore in the quarter ended March, mainly on the back of higher revenues.

The company had posted a consolidated net profit of Rs 107 crore in the year-ago period, it said in a statement.

“Profit After Tax (PAT) stood at an all-time quarterly high of Rs 864 crore, which was 711 per cent higher YoY (year-on-year)…,” it said.

Total revenue increased to Rs 2,654 crore in the quarter under review from Rs 1,614 crore in the same period a year ago.

For the full fiscal 2021-22, consolidated net profit jumped to Rs 1,729 crore from Rs 795 crore in 2020-21.

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