JSW Energy profit rises 29 per cent in March quarter

| | New Delhi
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JSW Energy profit rises 29 per cent in March quarter

Wednesday, 08 May 2024 | PTI | New Delhi

Sajjan Jindal-led JSW Energy on Tuesday posted a 29 per cent rise in its consolidated net profit to Rs 351 crore in the March quarter compared to a year ago mainly on the back of higher revenues.

The company had reported a consolidated net profit of Rs 272 crore in the quarter ended on March 31, 2023, according to a BSE filing.

“Profit after Tax ( consolidated net profit) increased by a robust 29 per cent YoY (year on year) to Rs 351 Crore,” it stated.

During the quarter, total revenue increased by 3 per cent YoY to Rs 2,879 crore from Rs 2,806 crore in Q4 FY23, it stated.

The profit after tax increased by 17 per cent YoY to Rs 1,723 crore in fiscal year 2023-24 crore compared to Rs 1,478 crore in FY23.

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