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JSW Energy Q2 PAT seen down 57% at Rs 78 cr
JSW Energy is likely to report a consolidated profit after tax of Rs 78 crore in the second quarter of FY12, a fall of 57% as compared to Rs 184 crore in a year ago period.
JSW Energy is likely to report a consolidated profit after tax of Rs 78 crore in the second quarter of FY12, a fall of 57% as compared to Rs 184 crore in a year ago period.
Total income is seen going up 38% to Rs 1,170 crore from Rs 846 crore during the same period.
EBITDA is likely to go up 3% at Rs 335 crore from Rs 325 crore year-on-year.
Operating profit margin is expected to be at 28.60% in the July-September quarter of FY12 versus 38.39% in a year ago period.
Q2 highlights
Barmer lignite units 3 & 4 were expected to be commissioned during Q2 but have been delayed
High cost of generation due to imported coal and low merchant power prices to impact earnings of Vijayanagar and Ratanagiri plants
Rupee depreciation might increase fuel costs for co further
Company generated a total of 1.8BUs during July and August
Its 860MW unit in Karnataka operated at PLF of 61% and 900MW unit in Karnataka operated at PLF 81%
The Rajwest plant was closed * Company had applied for a tariff petition for the Rajwest plant as RERC had implemented a price ceiling there * RERC has asked co to submit a fresh tariff petition as high cost of lignite quoted in the previous petition was an outlier
Key factors to watch for - Fuel cost, realizations, RERC tariff order for Barmer plant
