You are here: Home » News-CM » Equities » Hot Pursuit
Business Standard

JSW Energy CFO Jyoti Kumar Agarwal resigns

Capital Market 

JSW Energy on Monday said its Director (Finance) Jyoti Kumar Aggarwal has resigned to pursue career opportunities outside the company.

Aggarwal will step down from the Directorship (Director - Finance) and as Key Managerial Personnel (Chief Financial Officer) of the company with effect from the close of business hours on 15 September 2020, the company added.

JSW Energy will announce the appointment of his successor in due course.

JSW Energy's consolidated net profit fell 7.5% to Rs 219.56 crore on a 25.2% decline in net sales to Rs 1,805.15 crore in Q1 June 2020 over Q1 June 2019.

Shares of JSW Energy rose 0.79% to Rs 57.30 on BSE. JSW Energy is an integrated power company primarily engaged in generation and sale of power. Its business segments include power generation, power transmission, mining, power trading and equipment manufacturing.

Powered by Capital Market - Live News

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

Dear Reader,

Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

First Published: Tue, August 25 2020. 13:07 IST