JSW Energy shares climb nearly 4% following Q1FY26 results

JSW Energy shares edged higher on Friday, August 1, 2025, after the company announced its financial results for the first quarter of the ongoing financial year (Q1FY26). The company’s shares climbed 3.65% to hit an intra-day high of ₹533.90 per share on the NSE.

At around 12:20 PM on Friday, JSW Energy shares were trading at ₹518.25 apiece, up 0.62% from the previous close of ₹515.05 on the NSE. Nearly 8.86 million equity shares of the company, valued at approximately ₹463 crore, changed hands on the NSE and BSE.

On Thursday, July 31, JSW Energy reported a strong financial performance in the June quarter of FY26, with its consolidated net profit rising 42.43% year-on-year to ₹743.12 crore. The company's revenue from operations surged 78.62% YoY to ₹5,143.37 crore, led by significant growth across its thermal and renewables segments. Thermal revenue jumped 89.15% YoY to ₹3,621.78 crore, while revenue from renewables increased 63.77% YoY to ₹1,491.82 crore. Revenue from unallocated operations, however, declined by 44.60% YoY to ₹29.77 crore.

Operationally, the company’s EBITDA nearly doubled, rising 96.82% YoY to ₹2,789 crore, supported by organic capacity additions and contributions from the Mahanadi and O2 Power assets. EBITDA margin improved to 54.23% from 49.22% a year ago. The company's power generation rose 71% YoY to 13.5 billion units, aided by expanded renewable capacity and higher output from the Vijayanagar plant post long-term tie-up.

Commenting on the Q1 earnings, Sharad Mahendra, the Joint Managing Director and CEO of JSW Energy, said: "This quarter marks an inflection point for JSW Energy as our disciplined investment strategy and sustained capex have driven robust earnings growth and a significant improvement in quality of earnings, driven by a higher share of tied-up capacity. We are actively evaluating a PPA tie-up for our open capacity to further strengthen the cash flow visibility.”

“We continue to exercise strong financial discipline, maintaining leverage within comfortable levels. This resilience is reaffirmed by ICRA's AA-/ Stable rating for JSW Neo, underscoring the strength in our balance sheet. Looking ahead, we aim to build on this momentum with a cumulative capex of ~1,30,000 Crore reaching 30 GW generation capacity and 40 GWh of energy storage capacity by FY 2030," he added.

Shares of JSW Energy are currently trading 0.69% up at ₹518.60 apiece on the NSE at 12:25 PM. The stock opened at ₹530.55 per share.

The company's market capitalisation stands at ₹90,493 crore.

The stock has declined by 0.52% in the last five days. Over the last one month, similarly, it has dropped by 1.74%.

In the last six months, the stock has increased by 16.10%, while the year-to-date drop stands at 19.63%. The stock touched its 52-week high of ₹804.95 apiece on the NSE on September 24, 2024, and it hit its 52-week low of ₹419.10 per share on February 17, 2025.

JSW Energy, a part of the JSW Group, is a private power producer in India with operations across power generation and transmission. Starting its commercial operations in 2000 with a 260 MW thermal power plant in Karnataka, the company has since expanded its capacity to 10 GW, ahead of its FY2025 target. Its asset base spans various regions, fuel types and power offtake agreements, reflecting a diversified operational strategy.