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JSW Energy reports 52% rise in Q1 consolidated net profit

23 Jul 2014 Evaluate

JSW Energy has reported results for first quarter ended June 30, 2014.

The company’s net profit for the quarter surged 42.68% at Rs 238.67 crore as compared to Rs 167.28 crore for the quarter ended June 30, 2013. Its total income has increased by 13.69% to Rs 1780.70 crore for the quarter under review from Rs 1566.24 crore for the corresponding quarter of the previous year.

On the consolidated basis, the company has reported 51.90% rise in its net profit after taxes & Minority interest at Rs 325.47 crore for the quarter as compared to Rs 214.26 crore for the same quarter in the previous year. Total income has increased by 3.29% at Rs 2600.19 crore for quarter under review as compared to Rs 2517.25 crore for the quarter ended June 30, 2013.

Peers
Company Name CMP
NTPC 327.00
Tata Power 366.85
Adani Power 207.00
Power Grid Corpn. 266.00
Adani Energy Solut. 1392.00
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