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JSW Energy Q2FY27 Results: Net Profit Grows Over 38% to ₹1,141 Crore
Sentiment: PositiveHigh Priority
What Happened?
JSW Energy reported a 38% increase in consolidated net profit to ₹1,141 crore for Q2FY27, up from ₹824 crore last year. Total income rose to ₹6,657.71 crore.
Key points
- JSW Energy's net profit for Q2FY27 is ₹1,141 crore, a 38% increase year-on-year.
- Total income rose to ₹6,657.71 crore from ₹5,361 crore in the same quarter last year.
- The company plans to raise up to ₹5,000 crore through non-convertible debentures.
- Current installed capacity is 15,147 MW, with 61% from renewable sources.
- JSW signed an agreement with Druk Green Power Corporation for a 920 MW hydro project in Bhutan.
- The company acquired Maruti Clean Coal & Power Ltd, which operates a 300 MW thermal plant.
Key insights
- JSW's investment in renewable energy may enhance its market position.
- The partnership with Bhutan could open new avenues for international projects.
- Raising funds through debentures may strengthen financial stability for future expansions.
Why it matters
The financial growth indicates strong performance and strategic expansion in renewable energy.
Tags
Entities
JSW Energy· CompanyDruk Green Power Corporation Limited· CompanyBhutan· CountryMaruti Clean Coal & Power Ltd· CompanyChhattisgarh· State
Source
Business Standard
