Tuesday, 24 January 2017

JSW Energy Q3 net plunges 93% at Rs 21.39 cr

JSW Group flagship firm JSW Energy Ltd on Monday reported a sharp fall of 93.1 per cent in its consolidated net profit after taxes (PAT) at Rs 21.39 crore for the third quarter ended December 31, 2016, on lower generation and lower tariff. “The consolidated net profit of the integrated power company stood at Rs 309.25 crore during the same period a year ago,” JSW Energy Ltd said in a filing to the Bombay Stock Exchange on January 23, 2017. 

Further, consolidated total income of JSW Energy stood at Rs 1,954.83 crore during Q3 FY17, as compared to Rs 2,627.04 crore during the same quarter last fiscal. It’s net sales stood at Rs 1,865.48 crore during December quarter of FY 17, against Rs 2,562.31 crore during the same period previous year. 

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