JSW Energy’s net profit for the third quarter increased 162 percent to Rs 324 crore, owing to greater revenues. In the same quarter a year before, the company’s consolidated net profit was Rs 124 crore.
Prashant Jain, the business’s joint managing director and chief executive officer, said the company will shortly reveal its first green hydrogen project.
The company’s total sales climbed by 20% to Rs 1,984 crore in the quarter, compared to Rs 1,659 crore in the same time last year. In the third quarter, Jain added, the company saw an increase in short-term sales and realisation.