JSW Energy’s Q2 FY27 earnings sent the stock up 6.2% as investors cheered a robust performance.
The company posted a 49.8% YoY jump in consolidated net profit to ₹1,056.4 crore, eclipsing the ₹689 crore consensus.
Revenue rose 23% to ₹6,368.5 crore, outpacing the ₹5,630 crore estimate, while EBITDA climbed 20.7% to ₹3,617.6 crore versus the ₹3,168 crore forecast.
In September, JSW added 813 MW of capacity, including 513 MW of renewable energy, bolstering its portfolio.
Net profit growth accelerated from 31% in Q1 to 49.8% in Q2, with the EBITDA margin tightening from 20% to 27%, outpacing the sector average of 18%.
CFO Ashish Gupta reiterated plans for an extra 1,200 MW by FY28 and a target 15% EBITDA margin, while shares closed at ₹1,620 on the NSE, up 6.2%.