JSW Energy witnessed a fall in share price on Wednesday after it disclosed a sharp drop in consolidated net profit for the quarter ended June 2015. During the quarter, the profit of the company declined 14.75% to Rs 2,774.50 million from Rs 3,254.70 million in the same quarter previous year.
Revenues for the quarter declined 17.64% to Rs 21,069.90 million, compared with Rs 25,583.20 million for the prior year period.
Shares of JSW Energy are trading at Rs 99, up Rs 1.85, or 1.90% at the Bombay Stock Exchange (BSE) on Wednesday at 3:19 p.m. The scrip has touched an intra-day high of Rs 99.90 and low of Rs 94.
Total volume of shares traded on the bourses today was higher by 99.54% to 4,803,767 compared with 22-day average volume of 2,407,405.