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JSW Energy net profit down 12.7% at Rs 213 crore in June quarter

"The company's (consolidated) net profit stood at Rs 213 crore vis-a-vis Rs 244 crore in the corresponding quarter of previous year," the company said in a BSE filing.

August 07, 2020 / 03:19 PM IST

JSW Energy on Friday reported 12.7 percent dip in its consolidated net profit to Rs 213 crore in June quarter, mainly due to lower revenues.

"The company's (consolidated) net profit stood at Rs 213 crore vis-a-vis Rs 244 crore in the corresponding quarter of previous year," the company said in a BSE filing.

According to the statement, total revenue decreased by 23 percent on YoY basis to Rs 1,887 crore in June quarter, from Rs 2,464 crore in the corresponding quarter previous fiscal, on account of lower long-term and short-term sales.