JSW Energy Ltd.
-6.85 (-1.26%) JSW Energy reports 93% fall in Q3 consolidated net profit
Date: 23-01-2017JSW Energy has reported results for third quarter ended December 31, 2016.
The company has reported a net loss of Rs 24.45 crore for the quarter under review as compared to a net profit of Rs 362.29 crore for the same quarter in the previous year. Total income of the company decreased by 41.82% at Rs 979.49 crore for the quarter under review as compared Rs 1683.69 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported 93.08% fall in its net profit at Rs 21.39 crore for the quarter ended December 31, 2016 as compared to Rs 309.25 crore for the same quarter in the previous year. Total income of the company decreased by 25.59% to Rs 1954.83 crore for quarter under review from Rs 2627.04 crore for the quarter ended December 31, 2015.