Electric Utilities company JSW Energy announced Q3FY25 results Total revenue during the quarter decreased by 1% YoY to Rs 2,640 crore from Rs 2,661 crore in the corresponding period last year. EBITDA at Rs 1,115 crore in Q3FY25 was lower by 9% YoY. Finance cost for the quarter rose to Rs 565 crore from Rs 521 crore in Q3FY25 as a result of capitalisation of project, with the weighted average cost of debt standing at 8.87%. Profit After Tax (PAT) was down to Rs 168 crore vis-a-vis Rs 231 crore in the same period last year. Cash PAT for the quarter was at Rs 507 crore. The consolidated Net Worth and Net Debt as of Dec 31, 2024 were Rs 27,152 crore and Rs 26,448 crore respectively, resulting in a Net Debt to Equity ratio of l.0x and Net Debt/EBITDA of 4.5x, well within the guardrails of credit rating agencies. Receivables on DSO basis stood at 96 days. Liquidity continues to be strong with cash balances at Rs 4,947 crore as of Dec 31, 2024. Result PDF
Conference Call with JSW Energy Management and Analysts on Q3FY25 Performance and Outlook. Listen to the full earnings transcript.