JSW Energy soars reporting 36% rise in Q2 consolidated net profit
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
JSW Energy is currently trading at Rs. 333.45, up by 15.60 points or 4.91% from its previous closing of Rs. 317.85 on the BSE.
The scrip opened at Rs. 325.00 and has touched a high and low of Rs. 338.50 and Rs. 325.00 respectively. So far 135455 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 369.00 on 05-Sep-2022 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. 338.50 and Rs. 301.10 respectively. The current market cap of the company is Rs. 55071.96 crore.
The promoters holding in the company stood at 74.69%, while Institutions and Non-Institutions held 15.43% and 9.89% respectively.
JSW Energy has reported results for second quarter ended September 30, 2022.
The company has reported a rise of 17.48% in its net profit at Rs 156.07 crore for the quarter under review as compared to Rs 132.85 crore for the same quarter in the previous year. However, total income of the company increased by 41.90% at Rs 1300.87 crore for Q2FY23 as compared Rs 916.74 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported rise of 35.63% in its net profit at Rs 456.57 crore for the quarter under review as compared to Rs 336.62 crore for the same quarter in the previous year. Total income of the company increased by 16.04% at Rs 2596.27 crore for Q2FY23 as compared Rs 2237.36 crore for the corresponding quarter previous year.
