{"id":336057,"date":"2020-02-05T11:14:11","date_gmt":"2020-02-05T05:44:11","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=336057"},"modified":"2020-02-05T11:34:46","modified_gmt":"2020-02-05T06:04:46","slug":"jsw-energy-q3-net-profit-jumps-more-than-two-fold-to-%e2%82%b9394-cr","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/jsw-energy-q3-net-profit-jumps-more-than-two-fold-to-%e2%82%b9394-cr\/","title":{"rendered":"JSW Energy Q3 net profit jumps more than two-fold to \u20b9394 cr"},"content":{"rendered":"<p>JSW Energy on Tuesday said its consolidated net profit jumped over two-fold to \u20b9394 crore during the December 2019 quarter, mainly helped by reduced expenses.<\/p>\n<p>The company had clocked a \u20b9146-crore net profit during the corresponding quarter a year ago.<\/p>\n<p>Its total income in the October-December 2019 period fell to \u20b92,106 crore, from \u20b92,491 crore in the corresponding period a year ago.<\/p>\n<p>The firm\u2019s total expenses also dropped to \u20b91,864 crore, against \u20b92,271 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, \u201cwhereby the company has acquired 5 per cent equity stake in JPVL, in addition to \u20b9120 crore continuing as loan repayable from JPVL to the company\u201c.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>JSW Energy on Tuesday said its consolidated net profit jumped over two-fold to \u20b9394 crore during the December 2019 quarter, mainly helped by reduced expenses. The company had clocked a \u20b9146-crore net profit during the corresponding quarter a year ago. Its total income in the October-December 2019 period fell to \u20b92,106 crore, from \u20b92,491 crore in the corresponding period a year ago. The firm\u2019s total expenses also dropped to \u20b91,864 crore, against \u20b92,271 crore in the October-December quarter of 2018-19. In a statement, JSW Energy said a debt restructuring agreement with Jaiprakash Power Ventures Ltd (JPVL) completed during the third [&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":[130],"tags":[],"class_list":["post-336057","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/336057","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=336057"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/336057\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=336057"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=336057"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=336057"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}