Key Points
JSW Energy's board has approved raising up to Rs 5,000 crore through a QIP (qualified institutional placement) in one or more tranches by selling shares to high net worth investors..
The fund raising exercise is subject to regulatory or statutory approvals as required, the company said...
"A Qualified Institutions Placement of equity shares with face value of Rs 10 each under the provisions of Chapter VI of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended, to the eligible investors for an aggregate amount not exceeding Rs 5000 Crore (Rupees Five Thousand Crore Only) in one or more tranches subject to such regulatory / statutory approvals as may be required," the company said...
JSW Energy a 28 per cent rise in net profit to Rs 231 crore for the December quarter of 2023-24, helped by higher power demand and lower fuel costs...
Overall, the net generation of power, the company said, was up 43 per cent Y-o-Y at 6.1 billion units, attributed to higher thermal generation and contribution from acquired and greenfield renewable energy capacities...
You might be interested in
JSW Energy Q4 results: Net profit down 68% to ₹272.1 cr, dividend declared
23, May, 23The revenue from operations was up by 9.4 per cent to ₹2,670 crore for the quarter under review as compared to ₹2,440.7 crore in the year ago period.
Tata Motors net profit more than doubles to Rs 7,100 crore in Q3
02, Feb, 24Mumbai, Feb 2 (PTI) Tata Motors Ltd on Friday reported a 133.32 per cent rise in net profit to Rs 7,100 crore for the December 2023 quarter. The company had posted a net profit of Rs 3,043 crore in the year-ago period, its first profit in two years. The consolidated revenue increased 25 per cent […]
Adani Enterprises Q2 Results: Net profit falls 51% to Rs 228 crore; revenue slips 41%
02, Nov, 23Adani Enterprises, the flagship company of the Adani Group, saw its net profit slump 51 per cent year-on-year to Rs 228 crore in Q2FY24.
Why JSW Energy’s equity dilution move at the parent level makes sense
05, Apr, 24The only argument in favour of dilution at JSW Neo Energy would have been that the green energy generation companies are commanding higher valuation versus the fossil fuel-based energy generation companies.
Infosys' Q1 profit rises 11% to Rs 5,945cr; company slashes FY24 outlook to 1-3.5% amid macro woes
20, Jul, 23India Business News: IT services firm Infosys on Thursday reported an 11 per cent rise in consolidated net profit in the June quarter at Rs 5,945 crore, but delivered a sh
Riding on record sales, Maruti’s Q4 profit jumps 48% to Rs 3,878 cr
27, Apr, 24The country’s largest passenger carmaker Maruti Suzuki India Limited on Friday reported the highest-ever net profit of Rs 3,878 crore for the...
Ludhiana’s Vardhman Textiles reports consolidated net profit of Rs 805 crore
06, May, 23The company’s board of directors has recommended a dividend of Rs 3.50 per share.
Stocks to Watch: Canara Bank, UPL, Vedanta, Mahanagar Gas, SpiceJet
09, May, 23Lupin, Apollo Tyres, Castrol India, Birla Corporation, Raymond, and Shipping Corporation will be among the stocks in focus as they will be declaring their March quarter earnings today.
Titan Q2 net profit rises 9.7 percent to Rs 916 crore
03, Nov, 23India Business News: Titan Company Ltd, announced a 9.7% rise in its consolidated net profit to Rs 916 crore for the second quarter ending in September 2023. In the same p
Indus Towers Q4 net profit drops 23% to ₹1,399 crore
26, Apr, 23Seen on a full-year basis, the net profit tanked 68 per cent for FY23, with the company stating that the financial performance reflects collection challenges from a major customer.