JSW Group's Power Company Announced Q4 FY25 Results: 21 Per Cent Revenue Growth, Rs 10,000 Crore Fundraise, Rs 2 Dividend Proposed
On a year-to-date basis, shares of JSW Energy have declined by over 24 per cent. However, over the past three months, the stock has recovered by 3.92 per cent.
JSW Energy has reported a strong performance for the fourth quarter of FY25, driven by higher power generation and capacity additions. The company recorded a 21 per cent year-on-year growth in revenue, reaching Rs 3,497 crore in Q4 FY25, up from Rs 2,879 crore in the same quarter last year. This growth was supported by operational gains and contributions from both renewable and thermal power projects.
During the quarter, net power generation increased by 24 per cent YoY to 7.9 billion units (BUs), supported by new wind capacity and the addition of the 1,800 MW KSK Mahanadi thermal plant and Utkal Unit-2. Renewable energy generation rose by 32 per cent YoY to 1.7 BUs, while thermal generation increased by 22 per cent to 6.2 BUs. Generation from long-term power purchase agreements (LT PPAs) rose 28 per cent YoY. For the full year FY25, JSW Energy's total generation increased by 16 per cent.
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In terms of profitability, the company posted an EBITDA of Rs 1,512 crore in Q4 FY25, marking a 17 per cent rise from Rs 1,292 crore in Q4 FY24. The profit after tax stood at Rs 408 crore, up 16 per cent from Rs 351 crore reported a year earlier. On an annual basis, JSW Energy recorded revenue of Rs 12,639 crore in FY25, a 6 per cent increase from Rs 11,941 crore in FY24. Net profit rose to Rs 1,951 crore, up 13 per cent from Rs 1,723 crore in the previous year.
In a strategic move, the company’s board has approved a fund-raising plan of up to Rs 10,000 crore in one or more tranches. This will be executed through private offerings, preferential allotment, qualified institutional placements (QIP), or a combination of methods, subject to shareholder and regulatory approvals. The Finance Committee has been authorised to handle the process.
The board has also recommended a dividend of Rs 2 per equity share of Rs 10 each (20 per cent) for FY25. The final decision will be taken at the upcoming 31st Annual General Meeting (AGM), subject to shareholder approval.
On a year-to-date basis, shares of JSW Energy have declined by over 24 per cent. However, over the past three months, the stock has recovered by 3.92 per cent. Investors tracking Small-Cap and Mid-Cap stocks, especially those eyeing dividend-paying companies, will be watching the AGM developments closely.
Disclaimer: The article is for informational purposes only and not investment advice.