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JSW Energy reports 42% fall in its Q1 net profit

21 Jul 2011 Evaluate

JSW Energy has reported results for its first quarter ended June 30, 2011

The company’s net profit for the quarter has declined by 41.85% at Rs 190.26 crore as compared to Rs 327.20 crore for the same quarter last year. Its total Income has increased by 30% to Rs 1198.85 crore for the quarter under review from Rs 922.18 crore for the corresponding quarter of the previous year.

On consolidated basis, the Group’s net profit has registered a fall of 54.35% at Rs 136.31 crore for the corresponding quarter previous year as compared to Rs 298.64 crore for the quarter ended June 30, 2010. Its total revenue has increased by 34.44% to Rs 1294.48 crore for the quarter from Rs 962.87 crore for the similar quarter of the previous year.

JSW Energy Share Price

538.10 2.25 (0.42%)
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