JSW Energy Ltd on Thursday reported a 16.1% year-on-year rise in consolidated net profit for the fourth quarter ended March 31, 2025, at ₹408 crore, compared with ₹351.3 crore a year earlier, driven by strong power demand in India amid rising heat.
India’s power demand rose steadily in the March quarter amid unseasonal heat and early summer conditions, with national electricity consumption up 3.2% year-on-year to 414 billion units, JSW Energy said.
The company, which has a total installed capacity of 8,400 MW, derived 3,508 MW from thermal sources, 1,391 MW from hydro, 2,826 MW from wind, and 675 MW from solar.
Strong demand trends also lifted results of sector peers—Tata Power posted a sharp jump in Q4 profit, while Torrent Power more than doubled its earnings on the back of easing input costs.
JSW Energy’s revenue from operations rose 15.7% to ₹3,189.4 crore, from ₹2,755.9 crore in Q4FY24.
Earnings before interest, tax, depreciation and amortisation (EBITDA) came in at ₹1,204.3 crore, up 3.1% from ₹1,168.3 crore in the year-ago quarter.
However, EBITDA margin contracted to 37.8% from 42.4% in Q4FY24, reflecting rising input costs and a changing generation mix.
The company’s board also approved a fund-raising plan of up to ₹10,000 crore through one or more tranches via private offerings, preferential allotment, qualified institutional placement (QIP), or a combination of methods, subject to regulatory approvals and shareholders’ consent at the upcoming Annual General Meeting. The Finance Committee has been authorized to oversee the process.
In line with its performance, the company’s board recommended a dividend of ₹2 per equity share of ₹10 (20%) for the financial year 2024–25, subject to approval at its upcoming 31st Annual General Meeting.
Shares of the company ended 2.6% higher at ₹487.30 on the BSE today.
First Published: May 15, 2025 7:17 PM IST
