Beating analyst estimates by a wide margin, JSW Energy posted a 2.5 times growth in its Q3 net profit at Rs 420 crore in Q3FY26 as compared to Rs 168 crore in Q3FY25. Sequentially profits fell 40%. Analysts estimated profit of Rs 149 crore.
However, the company missed analysts estimated on revenues. Its revenues went up 67% to Rs 4082 crore in Q3Fy26 as compared to Rs 2439 crore in Q3FY,25. Analysts estimated revenues of Rs 4462 crore .
EBITDA rose 122% to Rs 2030 crore in Q3FY26. EBITDA margins rose from 37.5% in Q3Fy25 to 49.7% in Q3 fY26.
Capacity Expansion
Installed capacity increased by 5.2 GW (up 64% YoY), leading to 65% YoY increase in power sales, the company said in a release.
Strategy 3.0
Sharad Mahendra, Joint Managing Director and CEO of JSW Energy: said “We delivered a strong quarterly performance, driven by sizeable capacity additions leading to a record-high power sales and robust EBITDA growth. Their acquisitions of O2 Power and KSK have been fully integrated and are now contributing meaningfully to earningsz he said adding ,”We remain firmly committed to our 2030 goals of 30 GW of generation capacity and 40 GWh of storage,”