Profit after tax (PAT) also declined by 5% on a sequential basis compared to Rs 743 crore reported in Q1-26, while revenue rose marginally by 0.7% on a quarter-on-quarter basis compared to Rs 5,143 crore reported in the April-June quarter of FY26.
JSW Energy reported a 67% year-on-year increase in earnings before interest, taxes, depreciation and amortization (EBITDA) to Rs 3,180 crore, mainly due to the addition of organic renewable capacity and contribution from Mahanadi and O2 Power.
For H1FY26, EBITDA grew 79% year-on-year to Rs 6,237 crore, the company said in filings with the stock exchanges.
Also read: Dixon Technologies Q2 results: Cons PAT rises 72% YoY to Rs 670 crore, revenue rises 29%
PAT grew 5% YoY in H1 FY26 to Rs 1,448 crore, while Cash PAT for the quarter rose 27% YoY to Rs 1,512 crore, and H1FY26 Cash PAT grew 44% YoY to Rs 3,090 crore. The company said its balance sheet is healthy and likely to pursue growth. The net debt/equity ratio was 2.1x. Receivables on DSO basis stood at 64 days, while Cash & Cash Equivalents stood at Rs 6,181 crore.
A credit rating of ‘AA/Stable/A1+’ by India Ratings and ICRA was affirmed.
JSW Energy’s installed capacity was 13.2 GW and 443 MW of organic renewable capacity was added during the quarter.
The company entered into an agreement with GE Power India to acquire its boiler manufacturing business, securing a crucial share of equipment supply for growth in the thermal segment.
(Disclaimer: The recommendations, suggestions, views and opinions expressed by the experts are their own. These do not represent the views of The Economic Times.)
#JSW #Energy #results #Cons #PAT #YoY #crore #revenue