JSW Energy Ltd's Q3FY25 Quarter Results
- 29 Jan 2025
Result Summary
- JSW Energy Ltd reported a 23.7% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a decline of 0.8%.
- Its expenses for the quarter were up by 1.3% QoQ and 6.0% YoY.
- The net profit decreased 82.0% QoQ and decreased 32.2% YoY.
- The earnings per share (EPS) of JSW Energy Ltd stood at 1 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 2640.04 | 3459.40 | 2661.41 | -23.7% | -0.8% |
Total Expenses | 2495.17 | 2462.89 | 2352.86 | 1.3% | 6.0% |
Profit Before Tax | 144.87 | 996.51 | 308.55 | -85.5% | -53.0% |
Tax | -7.41 | 128.17 | 77.93 | -105.8% | -109.5% |
Profit After Tax | 157.45 | 876.76 | 232.24 | -82.0% | -32.2% |
Earnings Per Share | 1.00 | 4.90 | 1.40 | -79.6% | -28.6% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
JSW Energy Ltd is a prominent player in the Indian energy sector, primarily focused on the generation and distribution of electricity. The company is a part of the larger JSW Group, which is known for its significant presence in sectors such as steel, energy, infrastructure, and cement. JSW Energy operates various power plants across India, utilizing a mix of thermal, hydro, and solar energy sources to produce electricity. The company has been actively involved in expanding its renewable energy portfolio, aligning with global trends towards sustainable energy solutions. Recent developments for JSW Energy may include expansions in renewable energy projects or strategic partnerships, but specific recent developments are not detailed in the provided information.
Revenue
For the quarter ending Q3FY25, JSW Energy Ltd reported a total income of ₹2640.04 crores. This reflects a decrease of 23.7% on a quarter-over-quarter basis when compared to ₹3459.40 crores in Q2FY25. On a year-over-year basis, the total income showed a slight decline of 0.8% from ₹2661.41 crores in Q3FY24. The reduction in total income on both a quarterly and annual basis highlights a challenging period for revenue generation. Despite these declines, the company maintains a significant revenue base, indicative of its established position in the energy sector.
Profitability
The company's profitability metrics indicate a notable downturn during Q3FY25. Profit Before Tax stood at ₹144.87 crores, experiencing a steep decline of 85.5% from the previous quarter's ₹996.51 crores and a 53.0% drop from ₹308.55 crores in the same quarter of the previous year. The tax component for Q3FY25 was recorded as a negative amount of ₹-7.41 crores, a significant turnaround from the ₹128.17 crores tax expense in Q2FY25 and ₹77.93 crores in Q3FY24. Consequently, the Profit After Tax amounted to ₹157.45 crores, down 82.0% from ₹876.76 crores in Q2FY25 and 32.2% from ₹232.24 crores in Q3FY24. The Earnings Per Share also reflected this downturn, decreasing by 79.6% quarter-over-quarter and 28.6% year-over-year.
Operating Metrics
The total expenses for JSW Energy Ltd in Q3FY25 were ₹2495.17 crores, marking a marginal increase of 1.3% from the previous quarter and a 6.0% rise from the same quarter last year. This indicates that while revenue decreased, expenses saw a slight upward trend. Despite the rise in expenses, the company managed to maintain a negative tax figure, which could have implications for net profitability. The financial data suggests a period of operational challenges, with the need for careful management of both revenue and expenses to navigate the current economic conditions. The data does not provide specific operating metrics such as production volumes or capacity utilization rates, but the financial figures suggest a focus on maintaining operational efficiency amidst fluctuating revenue.
