JSW Energy Limited has announced its results for the financial year (FY) 2024-25, ending March 31, 2025. The company recorded total revenue of Rs 34.97 billion in the fourth-quarter (Q4) of FY 2024-25, reflecting a 21 per cent year-on-year (YoY) increase from Rs 28.79 billion in Q4 FY 2023-24. Earnings before interest, taxes, depreciation, and amortisation (EBITDA) for Q4 FY 2024-25 rose by 17 per cent YoY to Rs 15.12 billion. Profit after tax (PAT) for the Q4 FY 2024-25 increased by 16 per cent YoY to Rs 4.08 billion from Rs 3.51 billion. Cash PAT for Q4 FY 2024-25 rose by 8 per cent YoY to Rs 7.44 billion up, from Rs 6.86 billion in Q4 FY 2023-24. Finance costs rose to Rs 6.75 billion from Rs 5.33 billion in Q4 FY 2023-24, due to additional borrowings and an increase in the weighted average cost of debt to 9.05 per cent from 8.64 per cent in Q4 FY 2023-24.
For the full year FY 2024-25, total revenue rose by 6 per cent YoY to Rs 126.39 billion from Rs 119.41 billion in FY 2023-24. EBITDA for FY 2024-25 stood at Rs 61.15 billion, a 5 per cent YoY increase. PAT increased by 13 per cent YoY to Rs 19.51 billion, compared to Rs 17.23 billion in FY 2023-24. Cash PAT for FY 2024-25 was reported at Rs 33.99 billion and Rs 46.79 billion on a proforma basis. The board of directors has recommended a dividend of Rs 2.00 per share, subject to shareholder approval.
As of March 31, 2025, the company’s consolidated net worth stood at Rs 273.62 billion, while net debt was Rs 439.62 billion, resulting in a net debt-to-equity ratio of 1.6. Net debt-to-EBITDA ratio stood at 5.0, and 3.9 on excluding capital work-in-progress. Receivables stood at 76 days on a days sales outstanding basis. Liquidity, with cash and cash equivalents, was reported to be at Rs 56.60 billion, including unencumbered bank balances, fixed deposits, and liquid mutual funds.
