HomeNewsBusinessEarningsJSW Energy likely to post loss at Rs 61 cr in Q3

JSW Energy likely to post loss at Rs 61 cr in Q3

JSW Energy is expected to report a consolidated loss of Rs 61 crore in the third quarter of FY12 as against profit after tax of Rs 153 crore in the corresponding quarter of last fiscal.

January 21, 2012 / 13:13 IST
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JSW Energy is expected to report a consolidated loss of Rs 61 crore in the third quarter of FY12 as against profit after tax of Rs 153 crore in the corresponding quarter of last fiscal.


Total income is seen going up by 51% to Rs 1,622 crore from Rs 1,076 crore during the same period.
EBITDA is likely to go down by 32% to Rs 240 crore in the quarter ended December FY12 versus Rs 354 crore in a year ago quarter. Operating profit margin is expected to be at 14.77% versus 32.87% year-on-year. Expectations
>Growth in volumes in realizations contribute to top line growth
>High spot coal prices and depreciating INR will continue to hurt margins
>Growth in interest and depreciation result in bottom line impact
>Merchant realization holds the key to the company's profitability
>Commercial operational capacity of 2600MW
>The lignite units which were shut due to non-availability of lignite and tariff order are not operational but the interim tariff permits only cost recovery Key factors to watch for -
>Higher fuel cost and lower realizations
first published: Jan 21, 2012 01:11 pm

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