Share the post "JSW Energy Limited’s Quarterly Result and Earnings Report for Q4(Mar 2024) : Sales increased by 3.22 % in YoY and increased by 8.38 % in QoQ"
Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 3.22 % in the past year, substantial increase in net sales/revenue by 8.38 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -30.36 %, Marginal increase in other income during this quarter, up by 8.37%.
- Profit over the Year and quarter: Significant improvement in profitability for JSW Energy Limited. Notable increase of 22.42 % in net profit Year to Year, JSW Energy Limited’s profitability increased by 48.67 % in this quarter.
- EPS over the Year and quarter: EPS increased by 28.92 % Year to Year. EPS increased by 51.77 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 2669.97 Cr | Rs. 2542.77 Cr | Rs. 2755.87 Cr | + 8.38 % | + 3.22 % |
| Expenses | Rs. 1924.65 Cr | Rs. 1431.98 Cr | Rs. 1587.34 Cr | + 10.85 % | -17.53 % |
| Operating Profit | Rs. 745.32 Cr | Rs. 1110.79 Cr | Rs. 1168.53 Cr | + 5.2 % | + 56.78 % |
| OPM % | 27.91 % | 43.68 % | 42.4 % | -1.28 % | + 14.49 % |
| Other Income | Rs. 187.15 Cr | Rs. 120.26 Cr | Rs. 130.33 Cr | + 8.37 % | -30.36 % |
| Interest | Rs. 233.05 Cr | Rs. 520.82 Cr | Rs. 533.21 Cr | + 2.38 % | + 128.8 % |
| Depreciation | Rs. 291.34 Cr | Rs. 400.06 Cr | Rs. 426.73 Cr | + 6.67 % | + 46.47 % |
| Profit before tax | Rs. 408.08 Cr | Rs. 310.17 Cr | Rs. 338.92 Cr | + 9.27 % | -16.95 % |
| Tax % | 35.34 % | 25.26 % | 1.91 % | -23.35 % | -33.43 % |
| Net Profit | Rs. 282.03 Cr | Rs. 232.24 Cr | Rs. 345.27 Cr | + 48.67 % | + 22.42 % |
| EPS in Rs | Rs. 1.66 | Rs. 1.41 | Rs. 2.14 | + 51.77 % | + 28.92 % |
Today, we’re looking at JSW Energy Limited’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 3.22 %. However, it did see a marginal increase of 8.38 % from the previous quarter. Expenses ticked up slightly by 10.85 % quarter-on-quarter, aligning with the annual decline of -17.53 %. Operating profit, while up 56.78 % compared to last year, faced a quarter-on-quarter increase of 5.2 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 14.49 %, but a shrinkage of -1.28 % sequentially. Other income rose by 8.37 % compared to the last quarter, despite an annual decline of -30.36 %. Interest expenses surged remarkably by 2.38 % from the previous quarter, yet the year-over-year increase remains at a moderate 128.8 %. Depreciation costs climbed by 6.67 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 46.47 %. Profit before tax declined annually by -16.95 % but saw an increase from the preceding quarter by 9.27 %.
Tax expenses as a percentage of profits decreased slightly by -33.43 % compared to last year, with a more notable quarter-on-quarter decrease of -23.35 %. Net profit rose by 22.42 % year-on-year but experienced a 48.67 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 28.92 % but a quarterly rise of 51.77 %. In summary, JSW Energy Limited’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 2669.97 Cr | Rs. 2542.77 Cr | Rs. 2755.87 Cr | + 8.38 % | + 3.22 % |
| Expenses | Rs. 1924.65 Cr | Rs. 1431.98 Cr | Rs. 1587.34 Cr | + 10.85 % | -17.53 % |
| Operating Profit | Rs. 745.32 Cr | Rs. 1110.79 Cr | Rs. 1168.53 Cr | + 5.2 % | + 56.78 % |
| Net Profit | Rs. 282.03 Cr | Rs. 232.24 Cr | Rs. 345.27 Cr | + 48.67 % | + 22.42 % |
| EPS in Rs | Rs. 1.66 | Rs. 1.41 | Rs. 2.14 | + 51.77 % | + 28.92 % |
In reviewing JSW Energy Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 3.22 % year-on-year growth, however, there was a minor increase of 8.38 % from the previous quarter. Expenses decreased by -17.53 % compared to the previous year, with a 10.85 % increase quarter-on-quarter. Operating Profit surged by 56.78 % annually, and saw a 5.2 % increase from the last quarter.
Net Profit showed yearly increase of 22.42 %, and experienced a 48.67 % increase from the previous quarter. Earnings Per Share (EPS) rose by 28.92 % annually, however rose by 51.77 % compared to the last quarter. In essence, while JSW Energy Limited exhibits strong annual growth indicators, short-term improvements suggest the potential for recovery and the importance of strategic adjustments to counter market challenges effectively. That’s all for now in the financial sector.
