Shares of power-producing company JSW Energy rallied 6.5% to Rs 338 in Monday’s intraday trade after the company posted a 37% rise in consolidated net profit for the July-September quarter of the financial year 2022-23 on the back of higher revenues.
The net profit of JSW Energy NSE 1.58 % stood at Rs 466 crore against Rs 399 crore in the corresponding period of the previous year. During the quarter, total revenue increased by 16% year-on-year (YoY) to Rs 2,596 crore from Rs 2,237 crore in the year-ago period.
