JSW registers net profit of Rs 8.23 billion in 2020-21

JSW Energy Limited has recorded a consolidated net profit of Rs 8.23 billion and income of Rs 71.6 billion for the year ended March 2021.

The company has registered a decrease of 16.35 per cent in total income to Rs 71.6 billion in 2020-21 from Rs 85.6 billion recorded last year. The company’s net profit has decreased by 23,8per cent to Rs 8.23 billion from Rs 10.81billion during the same period.  JSW has realised 3 per cent higher long term (LT) net generation and 8 per cent higher LT net thermal generation in 2021. JSW has also planned a growth strategy to expand from 4.6 GW to 10 GW by 2025, and 20 GW by 2030, with the entire capacity addition through renewables. About 2.5 GW RE capacity is currently under construction.

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