JSW Energy Q4 results: Net profit down 9% to ₹371 crore on rising costs; ₹2/share dividend declared

The NSE filings also showed that the company’s consolidated net profits (attributable to owners of the company) stood at ₹408 crore as of the March quarter of the previous financial year.

Although the company’s profits dropped year-on-year, the revenue from core operations surged 41% YoY to ₹4,498 crore in the March quarter, compared with ₹3,189 crore in the same quarter of the previous financial year.

Due to a reduction in profits, the company's earnings per share (EPS) dropped to ₹2.12 apiece in the fourth quarter, compared with ₹2.34 per share in the same period last year.

Rising financing and fuel costs

JSW Energy’s financial statements also showed that the rising financing and fuel costs of the company weighed down on the profits despite rising revenue for the fourth quarter of the year ended 2025-26.

The total expenses for the March quarter rose largely due to the 138% increase in finance costs for the company to ₹1,608 crore, compared to ₹675 crore in the same period a year ago.

The company’s fuel cost surged 15% to ₹1,340 crore in the fourth quarter, compared year-on-year with ₹1,163 crore in the same period a year ago, as per the consolidated financial statements.

JSW Energy dividend

JSW Energy’s board of directors, after its quarterly meeting on May 11, announced that the company will issue a dividend of ₹2 per share with a face value of ₹10 apiece, subject to the approval of the shareholders in the upcoming annual meeting.

“Recommended a dividend of ₹2 (20%) per Equity Share of ₹10 to the Members of the Company for declaration at the forthcoming 32nd Annual General Meeting,” the company informed the stock exchanges.

If approved, the company will pay a ₹2 per share dividend issue to every eligible shareholder up to one day ahead of the corporate action. JSW Energy fixed the record date of the dividend issue as on Friday, June 5, 2026.

JSW Energy also disclosed that the dividend is expected to be paid within 30 days of the date of the upcoming annual general meeting.

JSW Energy share price

JSW Energy shares closed 2.55% lower at ₹556.65 after Monday’s trading session, compared to ₹571.20 at the previous market close, according to NSE data. The company announced its Q4 results and dividend issue after market operating hours on May 11.

Shares of JSW Energy have delivered more than 362% returns on their investment in the last five years, over 112% gains in the last three years, and more than 21% returns in the past one year period.

According to exchange data, the company’s stock has risen 11% so far in 2026, and over 14% in the past one month. JSW Energy stock was trading 0.76% lower over the last five market sessions.

The company’s market capitalisation (M-Cap) stood at ₹98,056.91 crore as of Monday’s trading close.