The company has successfully secured an order from Power Company of Karnataka (PCKL) for supply of 200 MW power on short term basis for the period from November 8, 2017 to May 31, 2018.
Shares of JSW Energy rose 4 percent intraday Wednesday on order received for supply of 200 MW power.
The company has successfully secured an order from Power Company of Karnataka (PCKL) for supply of 200 MW power on short term basis for the period from November 8, 2017 to May 31, 2018.
The company's Q2FY18 (July-September) net profit grew 38 percent at Rs 297.2 crore against Rs 214.9 crore, in a year ago period. Revenue was flat at Rs 2,049 crore.
Other income has increased 230 percent at Rs 170.5 crore versus Rs 51.6 crore.
The operating profit (EBITDA) was down 8.3 percent at Rs 882.3 crore and EBITDA margin was down 390 bps at 43.1 percent.
At 10:48 hrs JSW Energy was quoting at Rs 80.95, up Rs 1.55, or 1.95 percent on the BSE.
Posted by Rakesh Patil
