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Revenue is seen rising 6.3 percent year-on-year to Rs 2,392 crore during same period. Operating profit (earnings before interest, tax, depreciation and amortisation) in Q2FY16 may jump 14.8 percent to Rs 973 crore and margin may expand 300 basis points to 40.7 percent compared to corresponding quarter of last fiscal.
Total income from operations is seen declining 17.6 percent to Rs 2,107 crore in the quarter ended June compared to Rs 2,558 crore in the corresponding quarter of last fiscal, dented by lower sales volumes and weaker demand.
JSW Energy's fourth quarter consolidated profit after tax is seen rising 107.6 percent to Rs 362 crore against Rs 175 crore in the year-ago quarter, according to a CNBC-TV18 poll. The bottomline may be supported largely by operational numbers.
JSW Energy's third quarter consolidated profit after tax is expected to surge 75.4 percent year-on-year to Rs 356 crore, according to the average of estimates of analysts polled by CNBC-TV18. Adjusted profit is likely to jump 60.9 percent during the quarter.
Total income from operations may jump 13.8 percent on yearly basis (down 9.9 percent quarter-on-quarter) to Rs 2,304 crore in the quarter ended September 2014.
JSW Energy, which has an operational power generation capacity of 3,140 MW, said it has received all requisite environmental approvals for the 240 MW project at Kutehr in Himachal Pradesh.
According to CNBC-TV18 poll, JSW Energy's Q1 sales will also go up around 11.6 percent year-on-year to Rs 2404 crore on improved demand. EBITDA may also climb 850 bps to 33.9 percent.
JSW Energy expects merchant power rates to remain strong in south market after the state government restructured tariff structure in various states. The JSW Group firm generates almost a third of its total sales from the merchant market and hence will be largely benefitted with this development.
JSW Energy is set to announce its fourth quarter (January-March) earnings on Friday. Revenue growth will be driven by commissioning of their 540MW Barmer plant during the quarter at higher tariffs and plants at Vijaynagar & Ratnagiri operating at high plant load factors (PLFs).
NK Jain, vice chairman, JSW ENERGY, says that better realisations and soft imported coal prices helped in the third quarter. Merchant tariffs have been higher than estimates for the Q3. Barmer plant contributed positively to Q3 profits.
Motilal Oswal has come out with its earnings estimates on utilities sector for December quarter FY13. The research firm expects utility companies in their coverage to report aggregate 3QFY13 revenue growth of 15% YoY and PAT growth of 12% YoY.
Motilal Oswal has come with its September quarterly earning estimates for utilities sector. Research firm expect utilities companies (excluding Coal India) to report aggregate revenue growth of 9% YoY and PAT de-growth of 2% YoY for 2QFY13.
In an interview with CNBC-TV18, NK Jain, Vice Chairman of JSW Energy said merchant prices have been quite good in the quarter ending June and was responsible for the overall profitability of the company. He also expects the merchant prices to be above Rs 4.25-4.35 for the year.
Emkay Global Financial Services has come with its June quarterly earning estimates for utilities sector. According to the research firm, top line is expected to decline marginally by 0.5% QoQ, while grow by 23.7% YoY.
Emkay Global Financial Services has come with its March 2012 quarterly earning estimates for power sector. According to the research firm EBITDA margin will decline by 145bps YoY while to improve by 484bps QoQ. Adjusted net profit will grow by ~47% QoQ and ~7% YoY.
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.
Motilal Oswal has come with its December quarterly earning estimates for utilities sector.
Emkay Global Financial Services has come with its December quarterly earning estimates for power sector. According to the research firm top line is expected to grow by 4% QoQ and 27% YoY during 3Q12.
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 set to report fourth quarter FY11 profit after tax of Rs 199 crore, a 27% degrowth as compared to Rs 273 crore in same period the previous quarter.
In an interview with CNBC-TV18, Lancelot D' Cunha, CEO, Sharyans Wealth Management, speaks about IndusInd Bank’s, LIC Housing Finance’s, JSW Energy’s and Petronet LNG’s December quarter numbers and gives his outlook going forward.