JSW Energy rose 6% after Q2 earnings; gained 63% from June mid-lows
Updated: 31 Oct 2022, 12:58 PM IST
TL;DR.On Friday, JSW Energy reported a 16.04% YoY rise in total revenue at ₹2,596.3 crore compared to 2,237.4 crore in the same period last year. It posted a 37.30% YoY jump in its consolidated net profit at ₹465.7 crore for the September ending quarter as against a net profit of ₹339.2 crore
By switching to renewable energy, the company has set an ambitious target for a 50% reduction in its carbon footprint by 2030 and to achieve Carbon Neutrality by 2050.