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JSW Energy reports 70.08% fall in Q1 net profit

20 Jul 2012 Evaluate

JSW Energy has reported results for first quarter ended June 30, 2012.

On the standalone basis, the company has posted a fall of 70.08% in its net profit at Rs 56.93 crore for the quarter ended June 30, 2012 as compared to Rs 190.26 crore for the same quarter in the previous year. Total income has decreased by 36.02% at Rs 1606.04 crore for quarter under review as compared to Rs 1180.76 crore for the quarter ended June 30, 2011.

On the consolidated basis, the company has posted a fall of 97.50% in its net profit at Rs 3.41 crore for the quarter ended June 30, 2012 as compared to Rs 136.31 crore for the same quarter in the previous year. Total income has decreased by 71.96% at Rs 2191.54 crore for quarter under review as compared to Rs 1274.48 crore for the quarter ended June 30, 2011.

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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