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JSW Energy turns black in Q4

JSW Energy has reported results for the fourth quarter and year ended March 31, 2019.

The company has reported a net profit of Rs 27.57 crore for the quarter ended March 31, 2019 against net loss of Rs 618.99 crore for the same quarter in the previous year. Total income of the company increased marginally by 4.71% at Rs 1,200.85 crore for quarter under review as compared to Rs 1,146.87 crore for the quarter ended March 31, 2018.

On consolidated basis, the company has reported a net profit of Rs 5.79 crore for the quarter ended March 31, 2019 against net loss of Rs 480.05 crore for the corresponding quarter in the FY18. Total consolidated income of the company rose 7.41% at Rs 2,018.16 crore for quarter under review as compared to Rs 1,879.01 crore for the same quarter ended previous year.

For the year ended March 31, 2019, the company has posted a net profit of Rs 251.45 crore against net loss of Rs 444.28 crore for the previous year. Total income of company increased 16.48% at Rs 5,481.11 crore for year under review as compared to Rs 4,705.76 crore for year ended March 31, 2018.

For the year ended March 31, 2019, on the consolidated basis, the company has posted 8-fold jump in its net profit at Rs 684.49 crore as compared to Rs 84.91 crore for the previous year. Total income of company increased by 11.65% at Rs 9,505.56 crore for year under review as compared to Rs 8,513.98 crore for year ended March 31, 2018.

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