JSW Energy Reports 38% Surge in Q4 Net Profit to ₹574 Crore
JSW Energy shares in focus Q4 net profit rises 38% to Rs 574 crore, revenue up 41%
The Economic TimesImage: The Economic Times
JSW Energy's consolidated net profit for Q4FY26 reached ₹574 crore, a 38% increase from the previous year. Revenue rose by 41% to ₹4,499 crore, driven by a significant rise in power sales volume and renewable energy generation. The company also announced a dividend of ₹2 per equity share.
- 01Q4FY26 net profit increased by 38% to ₹574 crore.
- 02Revenue rose by 41% year-on-year to ₹4,499 crore.
- 03Power sales volume climbed 48% to 11.7 billion units.
- 04EBITDA jumped 72% to ₹2,602 crore.
- 05JSW Energy's cash and cash equivalents reached ₹10,013 crore.
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JSW Energy reported a consolidated net profit of ₹574 crore for the March quarter of FY26, marking a 38% increase from ₹414 crore in the same quarter last year. Revenue from operations surged by 41% year-on-year to ₹4,499 crore, compared to ₹3,189 crore in the previous year. The growth was driven by a 48% increase in power sales volume, which reached 11.7 billion units (BUs), and a 68% rise in renewable energy generation to 2.9 BUs. The company's board has also recommended a dividend of ₹2 per equity share, with June 5 set as the record date for eligible shareholders. On a sequential basis, profit after tax grew 8% from ₹529 crore in Q3FY26, while revenue increased 10% from ₹4,082 crore in the previous quarter. Total expenses for the quarter stood at ₹4,666 crore, reflecting a 48% increase year-on-year, primarily due to higher fuel and employee costs. JSW Energy's cash and cash equivalents were strong at ₹10,013 crore, with a net debt-to-equity ratio of 2.1x and operational net debt-to-EBITDA at 5.2x. The company’s shares have risen 9.5% in the last month and 15% over the past year.
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The increase in JSW Energy's profitability and revenue indicates a positive trend in the energy sector, which could lead to more investments and job opportunities in the industry.
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