JSW Energy net down 12.7 per cent at ₹213 cr in June quarter

PTI New Delhi | Updated on July 31, 2020 Published on July 31, 2020

JSW Energy on Friday reported 12.7 per cent dip in its consolidated net profit to ₹213 crore in June quarter, mainly due to lower revenues.

“The company’s (consolidated) net profit stood at ₹213 crore vis-a-vis ₹244 crore in the corresponding quarter of previous year,” the company said in a BSE filing.

According to the statement, total revenue decreased by 23 per cent on year-on-year basis to ₹1,887 crore in June quarter, from ₹2,464 crore in the corresponding quarter previous fiscal, on account of lower long-term and short-term sales.

Follow us on Telegram, Facebook, Twitter, Instagram, YouTube and Linkedin. You can also download our Android App or IOS App.

Published on July 31, 2020
  1. Comments will be moderated by The Hindu Business Line editorial team.
  2. Comments that are abusive, personal, incendiary or irrelevant cannot be published.
  3. Please write complete sentences. Do not type comments in all capital letters, or in all lower case letters, or using abbreviated text. (example: u cannot substitute for you, d is not 'the', n is not 'and').
  4. We may remove hyperlinks within comments.
  5. Please use a genuine email ID and provide your name, to avoid rejection.