HomeEnergy NewsJSW Energy Q1 earnings: Here's what to expect
JSW Energy Q1 earnings: Here's what to expect
JSW Energy will report its first-quarter earnings on Tuesday and analysts expect the company to report a 9 percent rise in net profit.
By CNBC-TV18 August 6, 2019, 2:06:54 PM IST (Published)
JSW Energy will report its first-quarter earnings on Tuesday and analysts expect the company to report a 9 percent rise in net profit.
The expectations have been subdued so there is a possibility that the company could surprise us on the upside.
In terms of numbers, CNBC-TV18 is working with a revenue decline of around 5 percent, EBITDA is expected to jump up by 8 percent and the profit is expected to rise by around 9 percent.
Margins are expected to improve because of the decline in coal prices. This time last year the coal prices were $100 per tonne and that has come down to sub $70 per tonne.
Other than that the higher tax rate, as well as other income, is something that might limit the bottom-line growth.