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This Article is From Feb 01, 2021

JSW Energy Q3 Review - Capex Cycle Commences: ICICI Securities  

JSW Energy Q3 Review - Capex Cycle Commences: ICICI Securities

JSW Energy Q3 Review - Capex Cycle Commences: ICICI Securities  
JSW Energy plant in Vijayanagar, Karnataka. (Source: Company’s website)

BQ Blue's special research section collates quality and in-depth equity and economy research reports from across India's top brokerages, asset managers and research agencies. These reports offer BloombergQuint's subscribers an opportunity to expand their understanding of companies, sectors and the economy.

ICICI Securities Report

JSW Energy Ltd.'s Q3 FY21 consolidated revenue/Ebitda/reported a profit after tax came in at Rs 16.1 billion/Rs 6 billion/Rs 1.2 billion, lower 23.4%/5.3%/69% YoY (adjusted profit after tax lower by 4% YoY), respectively.

Long-term generation improved 6% YoY, mainly boosted by Barmer. Earnings were impacted due to -

  1. Lower merchant volumes (mainly Ratnagiri) and prices, partially offset by lower fuel cost,
  2. lower other income, and
  3. lower interest cost.

Click on the attachment to read the full report:

DISCLAIMER

This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

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