JSW Energy jumps on reporting around 3-fold jump in Q1 consolidated net profit
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JSW Energy is currently trading at Rs. 239.80, up by 5.60 points or 2.39% from its previous closing of Rs. 234.20 on the BSE.
The scrip opened at Rs. 245.70 and has touched a high and low of Rs. 250.05 and Rs. 238.30 respectively. So far 151543 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 408.70 on 14-Oct-2021 and a 52 week low of Rs. 182.00 on 20-Jun-2022.
Last one week high and low of the scrip stood at Rs. 250.05 and Rs. 228.45 respectively. The current market cap of the company is Rs. 39423.88 crore.
The promoters holding in the company stood at 74.69%, while Institutions and Non-Institutions held 15.35% and 9.96% respectively.
JSW Energy has reported around 4-fold jump in its net profit at Rs 344.22 crore for the quarter ended June 30, 2022 as compared to Rs 88.91 crore for the same quarter in the previous year. Total income of the company increased by over 2-fold at Rs 2,016.12 crore for Q1FY23 as compared Rs 815.98 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported around 3-fold jump in its net profit at Rs 554.78 crore for the quarter ended June 30, 2022 as compared to Rs 208.60 crore for the same quarter in the previous year. Total income of the company increased by 67.53% at Rs 3,115.33 crore for Q1FY23 as compared Rs 1,859.53 crore for the corresponding quarter previous year.
