*JSW Energy Ltd.* | *CMP* Rs. 346 | *M Cap* Rs. 56893 Cr | *52 W H/L* 409/58
(Nirmal Bang Retail Research)
*Result is marginally below Expectation*
Revenue from Operations came at Rs. 2087.5 Cr (20.8% QoQ, 7.7% YoY) vs expectation of Rs. 2293.2 Cr, QoQ Rs. 1727.5 Cr, YoY Rs. 1938.6 Cr
EBIDTA came at Rs. 929.8 Cr (33.1% QoQ, 0.6% YoY) vs expectation of Rs. 1002.8 Cr, QoQ Rs. 698.4 Cr, YoY Rs. 923.8 Cr
EBITDA Margin came at 44.5% vs expectation of 43.7%, QoQ 40.4%, YoY 47.7%
Adj. PAT came at Rs. 393.2 Cr vs expectation of Rs. 363.4 Cr, QoQ Rs. 201.1 Cr, YoY Rs. 352.1 Cr
Quarter EPS is Rs. 2.4
Share is trading at P/E of 49.5x FY23E EPS