JSW Energy results are out; manages to be in the green

JSW Energy has declared its Q4FY16 results. For the Q4FY16 period the Net Income from Operations has seen an increase of just 2 per cent and stands at Rs 1632.13 crore as compared to 1597.66 crore for the previous quarter. EBITDA margin has also seen a single digit growth. EBITDA for the Quarter ended period stands at Rs 660.26 crore as compared to the 646.26 crore for the previous quarter. Net Profit has also seen an increase of 4 per cent and stands at Rs 291.47 crore as compared to 280.54 crore for the previous quarter. Other income has disappointed and has been in the negative. Other income has reduced by 31 per cent on (QoQ) basis.

On a YoY basis the Consolidated Net Income from Operations has increased by 6 per cent and stands at Rs 9968.94 crores. EBITDA has seen an increase of double digit on a (YoY) basis. EBITDA has increased by 14 per cent and stands at Rs 4144.6 crores.Net Profit has increased by 5 per cent and stands at Rs 1446.19 crores as compared to Rs 1377 crores on a (YoY) basis. Other Income has certainly disappointed and saw a decline of 9 per cent and stands at Rs 210.04 crore.

Overall the results have managed to be positive, and the major reason for the single digit profit has been decline in Other Income. If Other Income could have been positive, then there were chances that Net Profit could have seen double digit profits. The shares on the exchanges are trading at Rs 67.90.

JSW energy is an India based private power generation company. It’s a dynamic vertical of JSW group. The company’s business segment includes power generation, power trading, power transmission, mining and equipment manufacturing.