JSW Energy reports strong financial results for Q2 FY25, PAT and PBT show significant growth

JSW Energy, a leading player in the power generation and distribution industry, has recently announced its financial results for the quarter ending September 2024. The company has shown a positive performance, with its score improving from 7 to 12 in the last 3 months.

One of the key highlights of the financials is the growth in Profit Before Tax (PBT) less Other Income, which has increased by 64.4% to Rs 783.19 crore compared to the average PBT of the previous four quarters at Rs 476.48 crore. This indicates a very positive trend in the near term for PBT.

Similarly, the Profit After Tax (PAT) has also shown a significant growth of 74.6% to Rs 853.25 crore compared to the average PAT of the previous four quarters at Rs 488.65 crore. This is a positive sign for the company’s financials in the near term.

JSW Energy has also generated a high Operating Cash Flow of Rs 6,233.63 crore annually in the last three years, indicating a strong cash flow from its business operations. Additionally, the company has recorded its highest PAT in the last five quarters at Rs 853.25 crore, further strengthening its financial position.

However, the company’s Non Operating Income has also increased to its highest at Rs 221.74 crore in the last five quarters. While this may seem like a positive, it is important to note that this income is from non-business activities and may not be sustainable in the long term.

Overall, JSW Energy’s financial results for the quarter ending September 2024 have shown a positive trend, with strong growth in key areas. Investors are advised to hold their stocks, as suggested by MarketsMOJO, and keep an eye on the company’s future performance.