Revenue climbed 23% to ₹6,368.5 crore, surpassing the ₹5,630 crore forecast, while EBITDA rose 20.7% to ₹3,617.6 crore, beating the ₹3,168 crore estimate.
JSW added 813 MW of capacity this quarter, including 513 MW of renewables, bringing FY27 first‑half total to 1,686 MW. The 300 MW Maruti Thermal Plant acquisition cost ₹1,410 crore, securing 195 MW of long‑term PPA capacity.
All‑India power demand ticked 11.1% YoY to 499 Btu in September, driven by heat and irrigation needs, while peak demand hit 269 GW, just shy of the May record.
JSW Hydro saw revenue and EBITDA fall 15% YoY to ₹332 crore and ₹319 crore, a temporary dip attributed to weak hydrological conditions.
Management signals strong visibility on expanding commercial & industrial business to 8.6 GW, with 2 GW of captive opportunities in talks, and a positive FY27 outlook.