JSW Energy has announced its financial results for the second quarter of Fiscal Year 2027 (Q2 FY27), ending September 30, 2026. The company reported a significant 24% year-on-year increase in revenue, reaching ₹6,658 crore, and a 23% year-on-year rise in EBITDA to ₹3,907 crore. The company also highlighted a 17% increase in net generation and substantial capacity additions, reinforcing its growth trajectory.
JSW Energy’s Strong Q2 FY27 Performance
JSW Energy Limited has disclosed robust financial performance for the second quarter of Fiscal Year 2027 (Q2 FY27), with revenues climbing 24% year-on-year to ₹6,658 crore. Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) also saw a significant increase of 23% year-on-year, totaling ₹3,907 crore. This growth was underpinned by strong operational performance and substantial capacity additions.
Operational Highlights and Capacity Expansion
Net generation for Q2 FY27 grew by 17% year-on-year to 17.5 billion units, driven by a healthy capacity addition of 1.4 GW of organic renewable capacity commissioned since April. The company’s total installed capacity now stands at over 15.1 GW, with renewables accounting for approximately 61% of the portfolio. Additional acquisitions, such as the Maruti Clean Coal & Power, have further bolstered the company’s capacity and financial standing.
Financial Strength and Outlook
Profit After Tax (PAT) for the quarter was ₹1,141 crore, up 38% year-on-year, with PAT attributable to shareholders rising 50% YoY to ₹1,056 crore. The company also reported a strengthening balance sheet, with its Net Debt to TTM EBITDA ratio standing at approximately 4.94 times. JSW Energy reiterates its confidence in achieving its growth targets, supported by a strong pipeline and strategic initiatives aimed at securing firm and reliable power supply.
Strategic Themes and Future Growth
The company’s strategy is aligned with three key sector themes: strong demand driven by a resilient economy, the national priority of energy security, and the shift towards firm, dispatchable power. JSW Energy is well-positioned to capitalize on these trends, with a clear growth runway towards its 30 GW target by 2030 and beyond. Investments in renewables, thermal power, and energy storage are key components of its long-term expansion plans.
Source: BSE
