Page 10 - Jsw Energy

JSW Energy targets 10 GW capacity by FY25, acquisitions to fuel growth

Company in advanced talks to acquire Mytrah Energy and Vector Green

JSW Energy net profit jumps 179% to Rs 560 crore on higher revenue

In the quarter under review, revenue rose 68 per cent year-on-year (YoY) to Rs 3,115 crore from Rs 1,860 crore last year

Bad loan ratio of banks likely to fall to 5-5.5% by March 2024: S&P Global

S&P Global Ratings on Thursday said non-performing loans of banks are expected to decline to 5-5.5 per cent of the total advances by March 2024. As per the latest Financial Stability Report published by the RBI, the gross non-performing assets (GNPA) declined to a six-year low of 5.9 per cent in March 2022. "We project the banking sector's weak loans will decline to 5-5.5 per cent of gross loans by March 31, 2024. Likewise, we forecast the credit costs to stabilise at 1.5 per cent for fiscal 2023 and further normalise to 1.3 per cent, making credit costs comparable to those of other emerging markets and India's 15-year average," the rating agency said in a report. The small and midsize enterprise sector and low-income households are vulnerable to rising interest rates and high inflation, but it expects these risks to be limited, the agency added. With an economic pick-up, residual stress for these segments should start abating, it said, adding that NPL recoveries are likely to ...

JSW Energy net profit surges 179% to Rs 560 crore in June quarter

JSW Energy on Thursday said its net profit jumped 179 per cent to Rs 560 crore in the June quarter, mainly on the back of higher revenues. "Profit After Tax (PAT) stood at Rs 560 crore, which was 179 per cent higher YoY (year on year) compared to a PAT of Rs 201 crore in the corresponding period of previous year (April-June 2021)," a company statement said. During the quarter, total revenue increased by 68 per cent YoY to Rs 3,115 crore from Rs 1,860 crore in first quarter of FY22. The increase is primarily attributable to higher contribution from short-term sales, solar capacity addition at Vijayanagar and 45MW uprating at Karcham Wangtoo, it stated. Underlying finance cost during the quarter decreased by 2.5 per cent YoY to Rs 193 crore on the back of 18 bps (basis points) reduction in the weighted average cost of debt partially offset by increase in gross debt, it explained. The consolidated net worth and consolidated net debt as on June 30, 2022 were Rs 16,638 crore and Rs 7,7

Sensex rises 284 pts, Nifty tops 16,600; IndusInd jumps 8%, Bajaj Fin 3%

CLOSING BELL: Among sectors, the Nifty PSB index rose 1.56 per cent, while the Nifty Pharma slipped 0.4 per cent

Stocks to watch: Mindtree, Tata Elxsi, Infosys, ACC, L&T Infotech, Raymond

Stocks to watch today: Tata Elxsi, L&T Infotech will report their June quarter results 2022 on Thursday July 14; Mindtree posted 37.3 per cent rise in net profit to Rs 471.6 crore for Q1FY23.

JSW Energy subsidiary gets order for 300 MW wind capacity from Solar Energy

The company bagged the project in a tariff-based competitive bids invited by SECI for setting up of 1,200 MW ISTS-connected wind power projects (Tranche - XII), it said.

JSW in talks with PEs, foreign banks for Mytrah Energy acquisition

JSW group's JSW Energy has targeted to add 15GW renewables to its portfolio with an investment of $10 billion by 2030

JSW Energy to seek shareholders' nod to raise up to Rs 5,000 crore

Shares of JSW Energy were marginally down at Rs 309.35 apiece in early trade on BSE

Open to acquisitions in renewable if valuations are right: JSW Energy Jt MD

In a Q&A, Prashant Jain says his firm plans to raise its green energy capacity from 32% now to 55% in two years

JSW Energy Q4 net jumps over eight-fold to Rs 864 cr on one-time gains

After adjusting for the tariff reversal, the company's net profit stood at Rs 372 crore in Q4, which is higher than Bloomberg's consensus estimate of Rs 243 crore

JSW Energy profit jumps eight-fold to Rs 864 cr in March quarter

JSW Energy on Tuesday posted an over eight-fold jump in consolidated net profit to an all-time high of Rs 864 crore in the quarter ended March, mainly on the back of higher revenues.

JSW Neo Energy to set up hydro pumped storage project in Chhattisgarh

JSW Energy arm JSW Neo Energy has inked a pact with the Chhattisgarh government for setting up a 1,000 MW capacity hydro pumped storage project

Why power utility stocks are likely to underperform going forward

Impact on JSW Energy, Torrent Power the highest due to sharp rise in fuel costs

JSW Energy signs PPA with 35-yr validity with Haryana Power Purchase Centre

JSW Energy on Monday announced signing a power purchase agreement (PPA) with Haryana Power Purchase Centre (HPPC) for the supply of 240-megawatt hydro power.

India Ratings upgrades JSW Energy's credit rating to AA stable

JSW Energy on Monday said that India Ratings has upgraded its long-term credit rating to IND AA (stable) from IND AA- (stable).

JSW Energy reports two-fold surge in profit to Rs 320 cr in Q3

Revenue of the company stood at Rs 1,984 crore as against Rs 1,659 crore in Q3FY21. JSW said the rise was primarily due to "increase in short term sales and realisation"

JSW Energy net profit jumps over two-fold to Rs 324 cr in Dec quarter

JSW Energy on Wednesday reported over two-fold jump in its consolidated net profit to Rs 324 crore in December 2021 quarter, mainly on the back of higher revenues.

Stocks to Watch: Metro Brands, RIL, IOC, HCL Tech, MCX, JSW Energy, Yes Bk

Metro Brands seems set for a tepid debut given the poor response to its initial public offer

JSW Energy (Barmer) buys back shares for Rs 1,000 crore

The firm is a wholly owned subsidiary of JSW Energy Limited