Wednesday, 23 July 2014

JSW Energy Q1 PAT up 51% at Rs 325 cr

The company’s total income rose 24 percent at Rs 2,558 crore against Rs 2,058.3 crore, Q-o-Q.

Power producer JSW Energy   reported a growth of 86 percent in its Q1FY15 (April-June) consolidated net profit at Rs 325 crore compared to Rs 174.6 crore in previous quarter. During the same period, total income grew 24 percent to Rs 2,558 crore from Rs 2,058.3 crore. Year-on-year growth in bottomline and topline was 51 percent and 3 percent, respectively. Operating profit (EBITDA) jumped 31 percent sequentially to Rs 906 crore and margin expanded 180 basis points to 35.4 percent in the quarter gone by. Tax expenses shot up to Rs 124.8 crore from Rs 64.33 crore, Q-o-Q.

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