{"id":335947,"date":"2020-02-05T10:27:38","date_gmt":"2020-02-05T04:57:38","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=335947"},"modified":"2020-02-05T10:43:42","modified_gmt":"2020-02-05T05:13:42","slug":"jsw-energy-q3-consolidated-net-profit-jumps-over-twofold-to-rs-394-cr","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/jsw-energy-q3-consolidated-net-profit-jumps-over-twofold-to-rs-394-cr\/","title":{"rendered":"JSW Energy Q3 consolidated net profit jumps over twofold to Rs 394 cr"},"content":{"rendered":"<p>JSW Energy on Tuesday said its consolidated net profit jumped over twofold to Rs 394 crore during the December 2019 quarter, mainly helped by reduced expenses. <\/p>\n<p>The company had clocked a Rs 146-crore net profit during the corresponding quarter a year ago, JSW Energy said in a BSE filing. <\/p>\n<p>Its total income in the October-December 2019 period fell to Rs 2,106 crore, from Rs 2,491 crore in the corresponding period a year ago. <\/p>\n<p>The firm&#8217;s total expenses also dropped to Rs 1,864 crore, against Rs 2,271 crore in the October-December quarter of 2018-19. <\/p>\n<p>In a statement, JSW Energy said a debt restructuring agreement with Jaiprakash Power Ventures Ltd (JPVL) completed during the third quarter, &#8220;whereby the company has acquired 5 per cent equity stake in JPVL, in addition to Rs 120 crore continuing as loan repayable from JPVL to the company&#8221;.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>JSW Energy on Tuesday said its consolidated net profit jumped over twofold to Rs 394 crore during the December 2019 quarter, mainly helped by reduced expenses. The company had clocked a Rs 146-crore net profit during the corresponding quarter a year ago, JSW Energy said in a BSE filing. Its total income in the October-December 2019 period fell to Rs 2,106 crore, from Rs 2,491 crore in the corresponding period a year ago. The firm&#8217;s total expenses also dropped to Rs 1,864 crore, against Rs 2,271 crore in the October-December quarter of 2018-19. In a statement, JSW Energy said a [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,232],"tags":[],"class_list":["post-335947","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/335947","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=335947"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/335947\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=335947"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=335947"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=335947"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}