JSW Energy Q2 Results: Cons PAT falls 17% YoY to Rs 705 crore but revenue climbs 60%

JSW Energy Q2 Results: Cons PAT falls 17% YoY to Rs 705 crore but revenue climbs 60%

JSW Energy on Friday reported a 17% fall in its consolidated Q2 net profit at Rs 705 crore versus Rs 853 crore in the year-ago period. The profit after tax (PAT) is attributable to the owners of the parent. The company’s revenue from operations in the quarter under review stood at Rs 5,177 crore, which was up 60% over Rs 3,237 crore in the corresponding quarter of the last financial year.

The profit after tax (PAT) was also down 5% on a sequential basis versus Rs 743 crore reported in the Q1FY26, while the topline was marginally up at 0.7% on a quarter-on-quarter basis versus Rs 5,143 crore reported in the April-June quarter of FY26.

JSW Energy reported Earnings Before Interest, Taxes, Depreciation and Amortisation (EBITDA) increase of 67% YoY to Rs 3,180 crore, primarily driven by organic renewable capacity additions and contribution from Mahanadi and O2 Power.

For H1FY26, the EBITDA grew by 79% YoY to Rs 6,237 crore, the company filing to the exchanges said.

Also Read: Dixon Technologies Q2 Results: Cons PAT soars 72% YoY to Rs 670 crore, revenue up 29%


The PAT grew by 5% YoY in H1 FY26 to Rs 1,448 crore, while the cash PAT for the quarter increased by 27% YoY to Rs 1,512 crore, and H1FY26 Cash PAT grew by 44% YoY to Rs 3,090 crore.The company said that its balance sheet is healthy and is likely to pursue growth. The net debt-to-equity ratio stood at 2.1x.The receivables on a DSO basis stood at 64 days, while Cash & Cash Equivalents stood at Rs 6,181 crore.

A credit rating of ‘AA/Stable/A1+’ by India Ratings and ICRA was affirmed.

JSW Energy’s installed capacity stood at 13.2 GW, and it added 443 MW of organic renewable capacity during the quarter.

The company entered into a scheme of arrangement with GE Power India to acquire its boiler manufacturing business, securing a critical part of the equipment supply for growth in the thermal segment.

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