JSW Energy quarterly results

Q2 FY27 · Jul–Sep 2026

₹ crore	Q2 FY27	Q2 FY26	Change
Revenue	6,368	5,177	+23.0%
EBITDA	3,618	2,996	+20.7%
EBITDA margin	56.8%	57.9%	−1.1 pts
Profit before tax	1,349	954	+41.4%
Net profit	1,141	824	+38.4%
EPS	₹5.77	₹4.04	+42.8%

Every quarter

₹ crore except per share

Tap a line for its trend	Q2 FY27Sep 2026	Q1 FY27Jun 2026	Q4 FY26Mar 2026	Q3 FY26Dec 2025	Q2 FY26Sep 2025	Q1 FY26Jun 2025	Q4 FY25Mar 2025	Q3 FY25Dec 2024	Q2 FY25Sep 2024	Q1 FY25Jun 2024	Q4 FY24Mar 2024	Q3 FY24Dec 2023	Earlier quartersAlpha Plus

Expenses
	6,368	5,207	4,499	4,082	5,177	5,143	3,189	2,439	3,238	2,879	2,756	2,543	Earlier quartersEvery year the company has filed comes with Alpha Plus.
	289	229	352	173	184	268	308	201	222	163	123	119
	6,658	5,437	4,851	4,255	5,361	5,411	3,497	2,640	3,459	3,043	2,879	2,661
	1,807	1,570	1,340	1,241	1,421	1,580	1,163	1,075	1,152	1,066	1,197	1,064
	0.0	0.0	4.0	48.5	0.0	33.3	140	0.0	0.0	0.0	1.5	4.0
	3.1	−39.6	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.6	0.0
	225	216	184	193	191	159	131	110	115	108	93.4	92.9
	1,615	1,519	1,608	1,485	1,418	1,306	675	565	518	511	533	521
	943	890	809	829	809	739	482	406	392	375	427	400
	716	587	720	569	569	583	550	341	285	287	295	271
	5,309	4,743	4,666	4,366	4,408	4,399	3,142	2,495	2,463	2,348	2,547	2,353
	3,618	2,873	2,250	2,030	2,996	2,789	1,204	914	1,685	1,418	1,169	1,111
	2,674	1,984	1,441	1,201	2,187	2,050	723	508	1,293	1,042	742	711
Profit
	1,349	694	185	−111	954	1,012	355	145	997	694	332	309
	0.0	0.0	0.0	−65.2	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
	1,349	694	185	−176	954	1,012	355	145	997	694	332	309
	75.8	60.2	95.4	42.9	114	82.6	92.3	58.8	132	103	85.5	81.7
	131	103	−481	−745	17.5	97.0	−146	−66.3	−4.3	60.9	−91.8	−3.8
	207	163	−386	−702	131	180	−53.8	−7.4	128	164	−6.4	77.9
	−0.8	2.1	3.2	3.5	2.0	3.0	5.4	5.2	8.4	3.8	6.9	1.6
	1,141	533	574	529	824	836	415	157	877	534	345	232
	1,142	531	570	525	822	833	409	152	868	530	338	231
	−204	946	−239	71.2	858	−391	1,179	−981	517	619	−442	788
	937	1,479	334	600	1,682	445	1,594	−824	1,394	1,153	−96.8	1,021
	1,056	471	372	420	705	743	408	168	853	522	351	231
	84.7	61.7	202	109	120	92.7	6.5	−10.4	23.5	12.4	−6.1	0.9
Per share
	₹5.77	₹2.64	₹2.12	₹2.41	₹4.04	₹4.26	₹2.34	₹0.96	₹4.90	₹3.00	₹2.14	₹1.41
	₹5.62	₹2.57	₹2.07	₹2.41	₹4.04	₹4.25	₹2.34	₹0.96	₹4.88	₹3.00	₹2.13	₹1.41
Other comprehensive income — detail
	−204	946	−239	71.2	858	−391	1,179	—	—	—	—	—
	123	791	−289	172	855	−301	1,131	−900	690	710	−350	705
	343	12.8	−45.7	26.5	124	−43.8	164	—	—	—	—	—
	—	—	—	—	—	—	—	−131	231	82.7	−40.6	82.1
	50.6	161	0.9	−53.0	166	−142	—	−212	57.6	−8.4	−132	165
	34.7	−7.4	−3.3	21.5	39.1	−8.1	−212	—	—	—	—	—
	852	1,418	131	489	1,564	352	1,592	−824	1,378	1,144	−94.4	1,021
	84.7	61.0	203	111	118	93.3	2.1	0.7	15.9	9.0	−2.4	−0.6
Per share — as-filed variants
	₹5.77	₹2.64	₹2.12	₹2.41	₹4.04	₹4.26	₹2.34	₹0.96	₹4.90	₹3.00	₹2.14	₹1.41
	₹5.62	₹2.57	₹2.07	₹2.41	₹4.04	₹4.25	₹2.34	₹0.96	₹4.88	₹3.00	₹2.13	₹1.41
Derived — gross profit (revenue − materials − purchases − Δ inventories)
	4,559	3,677	3,154	2,792	3,757	3,530	1,886	1,364	2,085	1,813	1,557	1,475
	71.6%	70.6%	70.1%	68.4%	72.6%	68.6%	59.1%	55.9%	64.4%	63.0%	56.5%	58.0%
Adjusted (ex-exceptional items) — derived
	1,349	694	185	−111	954	1,012	355	145	997	694	332	309
	0.0	0.0	0.0	−65.2	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
	1,141	533	574	555	824	836	415	157	877	534	345	232
	₹5.77	₹2.64	₹2.12	₹2.53	₹4.04	₹4.26	₹2.34	₹0.96	₹4.90	₹3.00	₹2.14	₹1.41

Open the chart

From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.

alphave

JSWENERGY₹445.55

JSW Energy Ltd.

· Energy & Power

Annual Quarterly₹ CrorePeersTATAPOWER ADANIPOWER NTPC NHPC ADANIENSOL ADANIGREEN POWERGRID CLEANMAXMcap ₹78,247 Cr

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In ₹ Crore except Per Share 3 Months Ending	Q3 FY24 31/12/2023	Q4 FY24 31/03/2024	Q1 FY25 30/06/2024	Q2 FY25 30/09/2024	Q3 FY25 31/12/2024	Q4 FY25 31/03/2025	Q1 FY26 30/06/2025	Q2 FY26 30/09/2025	Q3 FY26 31/12/2025	Q4 FY26 31/03/2026	Q1 FY27 30/06/2026	Q2 FY27 30/09/2026
Revenue from Operations	2,542.8	2,755.9	2,879.5	3,237.7	2,438.9	3,189.4	5,143.4	5,177.4	4,081.8	4,498.6	5,207.1	6,368.5
Other Income	118.6	123.5	163.2	221.7	201.2	308.0	267.9	183.7	172.8	352.3	229.4	289.2
Total Income	2,661.4	2,879.4	3,042.7	3,459.4	2,640.0	3,497.4	5,411.2	5,361.1	4,254.5	4,850.9	5,436.6	6,657.7
Expenses
+ Cost of Materials Consumed	1,063.9	1,197.1	1,066.0	1,152.3	1,074.6	1,163.1	1,579.8	1,420.6	1,240.9	1,340.1	1,570.2	1,806.7
+ Purchases of Stock-in-Trade	4.0	1.5	0.0	0.0	0.0	140.4	33.3	0.0	48.5	4.0	0.0	0.0
+ Changes in Inventories	0.0	0.6	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	-39.6	3.1
+ Employee Benefit Expense	92.9	93.4	108.2	115.0	110.0	131.1	158.7	191.1	193.5	184.4	216.2	225.0
+ Finance Costs	520.8	533.2	511.1	518.3	564.5	675.3	1,305.5	1,417.6	1,484.9	1,608.5	1,519.3	1,614.8
+ Depreciation & Amortisation	400.1	426.7	375.5	391.8	405.5	481.9	738.6	809.0	828.7	809.0	889.6	943.4
+ Other Expenses	271.2	294.7	287.5	285.5	340.6	550.3	582.9	569.3	569.4	720.4	587.1	716.3
Total Expenses	2,352.9	2,547.3	2,348.2	2,462.9	2,495.2	3,142.1	4,398.8	4,407.5	4,365.8	4,666.3	4,742.9	5,309.1
EBITDA	1,110.8	1,168.5	1,417.7	1,684.9	913.7	1,204.5	2,788.7	2,996.5	2,029.6	2,249.7	2,873.2	3,617.5
EBIT	710.7	741.8	1,042.3	1,293.1	508.2	722.6	2,050.1	2,187.4	1,200.9	1,440.8	1,983.5	2,674.2
Profit
PBT before Exceptional Items	308.6	332.1	694.4	996.5	144.9	355.3	1,012.4	953.5	-111.2	184.6	693.7	1,348.6
+ Exceptional Items	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	-65.2	0.0	0.0	0.0
Pretax Income	308.6	332.1	694.4	996.5	144.9	355.3	1,012.4	953.5	-176.4	184.6	693.7	1,348.6
+ Current Tax	81.7	85.5	103.1	132.5	58.8	92.3	82.6	113.7	42.9	95.4	60.2	75.8
+ Deferred Tax	-3.8	-91.8	60.9	-4.3	-66.3	-146.1	97.0	17.5	-744.5	-481.1	102.9	131.0
Tax Expense	77.9	-6.4	164.1	128.2	-7.4	-53.8	179.6	131.2	-701.6	-385.7	163.1	206.8
+ Share of Associates & JVs	1.6	6.9	3.8	8.4	5.2	5.4	3.0	2.0	3.5	3.2	2.1	-0.8
Net Income	232.2	345.3	534.2	876.8	157.5	414.5	835.9	824.3	528.8	573.5	532.7	1,141.0
+ Net Income — Continuing Ops	230.6	338.4	530.4	868.3	152.3	409.1	832.9	822.3	525.2	570.3	530.6	1,141.8
+ Other Comprehensive Income	788.3	-442.1	618.5	517.4	-981.0	1,179.3	-390.6	858.0	71.2	-239.3	946.3	-204.4
Total Comprehensive Income	1,020.6	-96.8	1,152.7	1,394.2	-823.5	1,593.8	445.3	1,682.2	600.0	334.2	1,479.0	936.7
Net Income to Common	231.3	351.3	521.8	853.3	167.8	408.1	743.1	704.7	419.9	371.6	471.0	1,056.4
Minority Interest	0.9	-6.1	12.4	23.5	-10.4	6.5	92.7	119.6	108.8	202.0	61.7	84.7
Per Share
Basic EPS	1.41	2.14	3.00	4.90	0.96	2.34	4.26	4.04	2.41	2.12	2.64	5.77
Diluted EPS	1.41	2.13	3.00	4.88	0.96	2.34	4.25	4.04	2.41	2.07	2.57	5.62
Other Comprehensive Income — detail
+ Other Comprehensive Income	—	—	—	—	—	1,179.3	-390.6	858.0	71.2	-239.3	946.3	-204.4
+ Items NOT to be Reclassified to P&L	705.1	-350.2	709.6	690.3	-900.3	1,131.1	-300.9	855.2	172.2	-289.2	790.9	122.8
+ Tax on Items NOT to be Reclassified	—	—	—	—	—	163.8	-43.8	124.3	26.5	-45.7	12.8	343.1
+ Tax on Items NOT to be Reclassified — alt tag	82.1	-40.6	82.7	230.5	-131.1	—	—	—	—	—	—	—
+ Items to be Reclassified to P&L	165.3	-132.5	-8.4	57.6	-211.8	—	-141.6	166.2	-53.0	0.9	160.8	50.6
+ Tax on Items to be Reclassified	—	—	—	—	—	-212.0	-8.1	39.1	21.5	-3.3	-7.4	34.7
Comprehensive Income — Owners of Parent	1,021.1	-94.4	1,143.7	1,378.2	-824.2	1,591.6	352.0	1,564.3	488.6	131.1	1,418.1	851.9
Comprehensive Income — Non-controlling Interests	-0.6	-2.4	9.0	15.9	0.7	2.1	93.3	117.9	111.4	203.1	61.0	84.7
Per Share — as-filed variants
Basic EPS — Continuing Operations	1.41	2.14	3.00	4.90	0.96	2.34	4.26	4.04	2.41	2.12	2.64	5.77
Diluted EPS — Continuing Operations	1.41	2.13	3.00	4.88	0.96	2.34	4.25	4.04	2.41	2.07	2.57	5.62
Derived — Gross Profit (Revenue − Materials − Purchases − Δ Inventories)
Gross Profit	1,474.9	1,556.7	1,813.4	2,085.3	1,364.3	1,885.9	3,530.3	3,756.8	2,792.4	3,154.5	3,676.5	4,558.7
Gross Margin %	58.00	56.49	62.98	64.41	55.94	59.13	68.64	72.56	68.41	70.12	70.61	71.58
Adjusted (ex-Exceptional Items) — derived
Pretax Income (Adjusted, as filed)	308.6	332.1	694.4	996.5	144.9	355.3	1,012.4	953.5	-111.2	184.6	693.7	1,348.6
− Exceptional Items (reconciliation)	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	-65.2	0.0	0.0	0.0
Net Income Adj (tax-effected)	232.2	345.3	534.2	876.8	157.5	414.5	835.9	824.3	554.8	573.5	532.7	1,141.0
EPS Adj	1.41	2.14	3.00	4.90	0.96	2.34	4.26	4.04	2.53	2.12	2.64	5.77
Other Filed Concepts — mapped but not yet placed in the schedule
Face Value	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00
Filed Debt Equity	0.00	—	—	1.00	1.00	1.81	2.36	2.34	2.39	2.47	2.05	2.21
Filed Dscr	0.00	—	—	2.00	1.00	1.62	1.23	1.20	0.92	0.49	1.25	1.47
Filed Iscr	0.00	—	—	4.00	2.00	2.67	2.52	2.40	1.57	1.73	2.21	2.69
Paid Up Equity Capital	1,641.3	1,641.2	1,744.4	1,745.1	1,745.2	1,745.3	1,745.3	1,746.5	1,746.6	1,756.2	1,832.4	1,833.0

As filed, sign as filed — read the label, not the sign. A line appears only when the company tagged that concept in at least one period shown, so depth follows the filer: pre-Ind-AS, insurance and NBFC blocks stay hidden unless they were actually reported. Alternate tags for the same idea (e.g. two spellings of a deferred-tax element) are kept as separate lines rather than merged, because merging them would be a guess. Ratios, per-share figures and counts render as raw numbers, not ₹ Crore. No consensus estimates → no Est columns. Click any row to chart it.

« ‹ › »Latest: Q2 FY27 · ConsolidatedFA Financial Analysis · alphave

Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.

JSW Energy Q2 FY27 results (July–September 2026)

JSW Energy (NSE: JSWENERGY) reported its Q2 FY27 results (July–September 2026). Consolidated net profit attributable to shareholders was ₹1,056 crore, up 49.9% from ₹705 crore in Q2 FY26 and up 124.3% from ₹471 crore in Q1 FY27. Revenue from operations was ₹6,368 crore, up 23.0% year on year and up 22.3% from the previous quarter.

Q2 FY26 results (a year earlier): 17 October 2025
Q3 FY27 results due by: 14 February 2027

Q2 FY27 at a glance · consolidated

Net profit (shareholders'): ₹1,056 Cr+49.9% vs Q2 FY26+124.3% vs Q1 FY27Total incl. minority interest ₹1,141 Cr
Revenue from operations: ₹6,368 Cr+23.0% vs Q2 FY26+22.3% vs Q1 FY27
Operating margin (EBIT): 42.0%−0.3 pts vs Q2 FY26+3.9 pts vs Q1 FY27EBIT ₹2,674 Cr
EBITDA: ₹3,618 Cr+20.7% vs Q2 FY26+25.9% vs Q1 FY27margin 56.8%
Earnings per share (basic): ₹5.77+42.8% vs Q2 FY26+118.6% vs Q1 FY27
Net profit margin: 16.6%+3.0 pts vs Q2 FY26+7.5 pts vs Q1 FY27

Questions

What was JSW Energy's net profit in Q2 FY27?

Consolidated net profit attributable to shareholders was ₹1,056 crore, up 49.9% from ₹705 crore in Q2 FY26 and up 124.3% from ₹471 crore in Q1 FY27. Including the minority shareholders' share, total profit was ₹1,141 crore.

How were JSW Energy's Q2 FY27 results?

Both grew from a year earlier: net profit was up 49.9% at ₹1,056 crore and revenue was up 23.0% at ₹6,368 crore. The operating margin was 42.0%, down 0.3 percentage points from 42.2% a year earlier. Against Q1 FY27, net profit was up 124.3% and revenue up 22.3%.

What was JSW Energy's net profit in FY26?

Consolidated net profit attributable to shareholders was ₹2,239 crore in FY26 (April 2025–March 2026), up 14.8% from ₹1,951 crore in FY25. It was ₹1,723 crore in FY24 and ₹1,478 crore in FY23: up 51.5% over three years, 14.9% a year on average.

What was JSW Energy's revenue in Q2 FY27?

Revenue from operations was ₹6,368 crore, up 23.0% year on year and up 22.3% from the previous quarter.

What was JSW Energy's EPS in Q2 FY27?

Basic earnings per share were ₹5.77, against ₹4.04 in Q2 FY26.

What is JSW Energy's net profit margin?

JSW Energy's net profit margin was 16.6% in Q2 FY27 (net profit attributable to shareholders as a share of revenue from operations), against 13.6% in Q2 FY26 (up 3.0 percentage points). For FY26 as a whole it was 11.8%.

What was JSW Energy's operating margin in Q2 FY27?

Operating profit (EBIT — revenue less operating expenses, before finance costs and other income) was ₹2,674 crore, a margin of 42.0%, against 38.1% in Q1 FY27 and 42.2% in Q2 FY26. EBITDA was ₹3,618 crore, 56.8% of revenue.

What was JSW Energy's net profit in the first half of FY27?

Consolidated net profit attributable to shareholders for the first half of FY27 (April–September 2026) was ₹1,527 crore, up 5.5% from ₹1,448 crore in the same months a year earlier. Revenue from operations was ₹11,576 crore, up 12.2%.

When will JSW Energy announce its Q3 FY27 results?

Q3 FY27 covers October–December 2026. Listed companies must publish quarterly results within 45 days of the quarter's end (SEBI listing rules, Regulation 33), so the results are due by 14 February 2027. The company tells the exchanges the date of the board meeting at least two working days before it.

How has JSW Energy's profit changed over the last four quarters?

Net profit attributable to shareholders by quarter: ₹420 crore in Q3 FY26, ₹372 crore in Q4 FY26, ₹471 crore in Q1 FY27 and ₹1,056 crore in Q2 FY27. That is ₹2,319 crore over the four quarters, up 14.6% from ₹2,024 crore in the four quarters before. Revenue from operations: ₹4,082 crore, ₹4,499 crore, ₹5,207 crore and ₹6,368 crore.

What was JSW Energy's revenue in FY26?

Revenue from operations was ₹18,901 crore in FY26 (April 2025–March 2026), up 60.9% from ₹11,745 crore in FY25. It was ₹11,486 crore in FY24 and ₹10,332 crore in FY23: up 82.9% over three years, 22.3% a year on average.

Where do these JSW Energy figures come from?

From JSW Energy's own consolidated results filings to NSE, in ₹ crore as filed. Growth compares the same consolidated figures a year and a quarter earlier.

Consolidated figures from the company's filings to NSE. Every company's results dates this season are in the Q2 FY27 results calendar, part of Alpha Plus.