JSW Energys net sales grew 67% YoY, but down 21% QoQ to Rs 4,082 crore.
(Photo: NDTV)
JSW Energy Ltd.’s net sales grew 67% YoY, but down 21% QoQ to Rs 4,082 crore, missing estimate and consensus by 5% and 10%, respectively, due to lower-than-expected power generation. Ebitda stood at Rs 2,030 crore, up 122% YoY, but down 32% QoQ, in line with our estimates (due to better than expected margins) and 8% miss on consensus estimates.
Attrib PAT was up 150% YoY, but down 40% QoQ to Rs 529 crore. PAT increased YoY due to higher deferred tax one-offs, but decreased QoQ due to an increase in D&A and finance cost. Excluding deferred tax gains, the company reported a loss of Rs 261 crore.
Click on the attachment to read the full report:
BPCL Shares Gets ‘Add’ Rating From Dolat Capial After Q3 Results — Check Revised Target Price
DISCLAIMER
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.
