JSW Energy on Wednesday reported a 50 per cent year-on-year rise in consolidated net profit attributable to shareholders to Rs 1,056 crore for the second quarter of FY27, driven by higher power sales, capacity additions and improved generation, The Hindu BusinessLine reported.
Source: The Hindu BusinessLine
Revenue from operations rose 23 per cent to Rs 6,368 crore — yaani about Rs 63.68 billion. Total income was Rs 6,658 crore, up 24 per cent, and EBITDA rose 23 per cent to Rs 3,907 crore, according to the company's Q2 FY27 presentation summarised by Kalkine. Total profit after tax was Rs 1,141 crore, up 38 per cent; the Rs 1,056 crore figure is the profit attributable to shareholders.
Source: Kalkine India
Power sales volume rose 17 per cent to 17.5 billion units. Thermal generation rose 13 per cent to 8.9 billion units, while renewable generation rose 21 per cent to 8.6 billion units, with wind up 25 per cent and solar up 36 per cent, BusinessLine reported.
Source: The Hindu BusinessLine
Capacity, deals and fund-raising
Installed capacity reached 15,147 MW as of October 5 after 1,686 MW was added in the first half of FY27, with renewables at about 51 per cent. The company acquired the 300 MW Maruti thermal plant in Chhattisgarh for an enterprise value of about Rs 1,410 crore and signed an agreement with Bhutan's Druk Green Power Corporation for the 920 MW Punatsangchhu-III hydro project.
Cash and equivalents stood at Rs 15,698 crore, net debt-to-equity at 1.79 times and operational net debt-to-EBITDA at 4.94 times. The board approved raising up to Rs 5,000 crore — yaani Rs 50 billion — through non-convertible debentures and, separately, up to Rs 6,000 crore through eligible securities subject to approvals, BusinessLine reported.
