JSW Energy quarterly results and financials

JSW Energy (JSWENERGY)₹523.15−0.16%(9 Nov 2026 close)Power Generation

Key facts

In the Sep 2026 quarter (consolidated), JSW Energy reported sales of ₹6,375 Cr, up 23.1% from Sep 2025, and net profit of ₹1,144 Cr, up 38.6% year on year. For the year to Mar 2026, sales were ₹18,926 Cr and net profit ₹2,767 Cr.

Sales (Sep 2026): ₹6,375 Cr
Net profit (Sep 2026): ₹1,144 Cr
Sales (FY Mar 2026): ₹18,926 Cr
Net profit (FY Mar 2026): ₹2,767 Cr
EPS (Sep 2026): ₹5.78
Borrowings (Mar 2026): ₹76,744 Cr

Company filings, consolidated accounts; latest reported quarter Sep 2026

JSW Energy quarterly results

₹ crore unless stated; each column is a quarter.

JSW Energy Quarterly results
	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Sales	2,545	2,759	2,881	3,243	2,442	3,194	5,144	5,180	4,086	4,505	5,209	6,375
Expenses	1,430	1,585	1,458	1,550	1,521	1,979	2,348	2,177	2,046	2,246	2,328	2,747
Operating Profit	1,107	1,165	1,414	1,680	911	1,200	2,782	2,984	2,025	2,242	2,863	3,607
OPM %	44.0%	42.1%	49.0%	52.1%	37.1%	38.1%	54.0%	58.1%	50.0%	50.0%	55.0%	57.0%
Other Income	120	130	167	230	206	314	272	186	111	357	232	289
Interest	523	535	512	520	565	677	1,309	1,422	1,490	1,613	1,522	1,620
Depreciation	399	426	374	391	405	481	737	808	827	808	887	940
Profit before tax	309	338	696	1,004	150	360	1,013	954	−173	188	695	1,346
Tax %	25.1%	−2.0%	24.1%	13.1%	−5.0%	−14.9%	18.1%	14.1%	−405.9%	−204.9%	23.1%	15.1%
Exceptional items	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	−48.82	0.00	0.00	0.00
Net Profit	233	346	535	880	157	416	838	826	530	575	534	1,144
EPS (Rs)	1.42	2.15	3.00	4.90	0.97	2.34	4.27	4.05	2.41	2.12	2.58	5.78

JSW Energy profit and loss

₹ crore unless stated; years end in March. TTM is the last four quarters.

JSW Energy Profit and loss
	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	9,837	8,267	8,051	9,148	8,274	6,929	8,168	10,336	11,500	11,762	18,926	20,175
Expenses	5,786	4,928	5,323	6,270	5,306	3,999	4,583	7,034	6,095	6,505	8,820	9,368
Operating Profit	4,017	3,315	2,702	2,846	2,947	2,903	3,558	3,271	5,364	5,203	10,030	10,736
OPM %	41.1%	40.1%	34.1%	31.0%	36.1%	42.0%	44.0%	32.0%	47.1%	44.1%	53.0%	53.2%
Other Income	341	221	47.03	399	377	248	576	675	473	918	921	989
Interest	1,502	1,690	1,460	1,195	1,054	899	780	846	2,059	2,276	5,835	6,246
Depreciation	852	967	964	1,162	1,733	1,164	1,129	1,166	1,628	1,651	3,180	3,462
Profit before tax	2,013	890	337	896	543	1,096	2,234	1,939	2,161	2,210	1,981	2,055
Tax %	28.1%	30.1%	75.1%	24.1%	6.0%	25.1%	22.1%	24.1%	20.1%	10.1%	−38.9%	—
Exceptional items	163	19.93	134	12.96	72.71	19.93	35.89	175	65.81	168	70.78	−48.82
Net Profit	1,464	624	85.14	685	1,084	825	1,746	1,484	1,729	1,988	2,767	2,783
EPS (Rs)	8.86	3.85	0.49	4.25	6.72	4.86	10.56	9.02	10.50	11.21	12.79	12.89
Dividend payout %	22.0%	12.9%	0.0%	24.0%	15.0%	41.0%	18.9%	21.9%	19.0%	18.0%	15.9%	—

JSW Energy balance sheet

₹ crore, at each year end.

JSW Energy Balance sheet
	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	1,636	1,624	1,623	1,636	1,636	1,637	1,639	1,636	1,638	1,638	1,741	1,755
Reserves	5,866	8,061	8,713	9,445	10,150	9,974	12,835	15,729	16,959	19,154	25,559	28,946
Borrowings	9,270	14,825	14,298	11,850	10,517	9,803	8,346	8,910	24,971	31,480	50,017	76,744
Other Liabilities	2,595	3,954	3,654	3,710	3,532	3,428	3,312	4,137	4,714	5,336	11,852	16,033
Total Liabilities	19,368	28,463	28,287	26,641	25,835	24,842	26,133	30,411	48,282	57,609	89,170	1,23,477
Fixed Assets	13,156	20,240	19,412	18,814	17,755	16,646	15,593	14,770	24,948	28,861	53,946	74,314
CWIP	452	320	529	293	399	390	471	2,083	4,773	10,248	10,246	17,412
Investments	1,615	1,010	1,574	2,406	2,442	1,848	4,039	6,600	6,018	7,019	9,732	11,343
Other Assets	4,146	6,894	6,773	5,128	5,240	5,960	6,029	6,960	12,543	11,481	15,246	20,409
Inventories	548	636	593	536	455	640	395	901	987	831	906	961
Trade receivables	1,171	2,904	2,180	1,150	1,426	2,101	963	669	1,529	843	1,319	1,629
Cash & equivalents	351	357	784	311	204	201	479	1,133	4,014	4,206	4,690	5,763
Total Assets	19,368	28,463	28,287	26,641	25,835	24,842	26,133	30,411	48,282	57,609	89,170	1,23,477

JSW Energy cash flow

₹ crore, for each year.

JSW Energy Cash flow
	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from operating activity	3,386	3,531	3,847	3,926	2,484	2,077	3,692	2,944	2,080	6,219	3,830	9,880
Cash from investing activity	−423	−3,277	−764	−216	−55.09	302	−1,032	−1,389	−6,792	−8,218	−23,039	−18,547
Cash from financing activity	−2,327	−1,621	−2,596	−3,965	−2,521	−1,962	−2,513	−781	7,321	1,674	20,220	10,618
Net cash flow	646	−1,360	497	−250	−87.16	421	155	786	2,640	−289	1,075	1,997
Capex	371	35.03	372	121	233	121	436	2,296	4,242	8,035	6,711	10,325
Free cash flow	3,030	3,498	3,478	3,809	2,268	1,985	3,350	657	−2,148	−1,796	−2,864	−213
CFO / OP %	106.0%	95.0%	123.0%	151.0%	94.0%	76.0%	133.0%	95.0%	74.0%	123.0%	80.0%	101.0%

JSW Energy ratios

Working-capital days and returns, by year.

JSW Energy Ratios
	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor days	46	108	96	52	57	93	51	30	54	27	41	31
Cash conversion cycle	46	108	96	52	57	93	51	30	54	27	41	31
Working capital days	−60	−95	−61	−100	−72	−44	−14	−108	−159	−124	−200	−268
ROCE %	18.1%	16.1%	10.1%	9.1%	9.1%	7.1%	9.1%	12.1%	7.0%	9.1%	6.0%	8.0%

JSW Energy: frequently asked questions

What are the latest quarterly results of JSW Energy?

For the Sep 2026 quarter, JSW Energy reported sales of ₹6,375 Cr, up 23.1% year on year and net profit of ₹1,144 Cr, up 38.6% year on year. The operating margin was 57.0%.

What is the annual revenue of JSW Energy?

JSW Energy's sales for the year to Mar 2026 were ₹18,926 Cr; over the last twelve months they were ₹20,175 Cr.

What is the net profit of JSW Energy?

Net profit for the year to Mar 2026 was ₹2,767 Cr, and ₹2,783 Cr over the last twelve months. Earnings per share over the same trailing period were ₹12.89.

How much debt does JSW Energy have?

JSW Energy reported borrowings of ₹76,744 Cr at Mar 2026, against cash and equivalents of ₹5,763 Cr.

What is the free cash flow of JSW Energy?

Cash from operations was ₹9,880 Cr in the year to Mar 2026; after capital spending, free cash flow was −₹213 Cr.

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