JSW Energy 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.
Operating margin for the quarter stood at 29.37% as compared to 27.80% for the previous year period. Operating Income for the quarter was Rs 6,188.50 million, compared with Rs 7113.4 million in the previous year period.
Earnings per share for the quarter stood at Rs 1.69, registering 14.65% decline over previous year period.
Quarterly Results - Consolidated (Rs in mn) |
As at | Jun - 15 | Jun - 14 | %Change |
Revenues | 21,069.90 | 25,583.20 | (17.64) |
Net Profit | 2,774.50 | 3,254.70 | (14.75) |
Diluted EPS | 1.69 | 1.98 | (14.65) |
Shares of the company declined Rs 1.6, or 1.65%, to trade at Rs 95.55. The total volume of shares traded was 406,490 at the BSE (2.16 p.m., Wednesday).