JSW Energy Q4 FY26 results (Jan–Mar 2026) and concall

Power · Concall AI · Call held 11 May 2026

Company page: JSW Energy share price, financials & guidance record

JSW Energy delivered a strong Q4 FY26, with revenue up 39% YoY and EBITDA up 72% YoY, contributing to a record annual EBITDA of ₹11,041 crores. The company significantly expanded its installed capacity by 2.6 GW to 13.45 GW, driven by both organic and inorganic growth. Despite minor revenue impacts from power curtailment, JSW Energy maintained a healthy financial position with reduced cost of debt and improved working capital management, while outlining ambitious capacity and storage targets for FY27 and by 2030.

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What they filed

Q4 FY26: revenue up 41.1%, net profit up 38.3% against the same quarter last year.

₹ Cr · quarterly

Line item	Q2 FY25	Q3 FY25	Q4 FY25	Q1 FY26	Q2 FY26	Q3 FY26	Q4 FY26
Revenue	3,238	2,439	3,189	5,143	5,177 +60%	4,082 +67%	4,499 +41%
Expenses	1,553	1,525	1,985	2,355	2,181	2,052	2,249
EBITDA	1,685	914	1,204	2,789	2,996 +78%	2,030 +122%	2,250 +87%
Margin	52%	37%	38%	54%	58%	50%	50%
Other income	230	206	313	271	186	111	356
Interest	518	564	675	1,306	1,418	1,485	1,608
Depreciation	392	406	482	739	809	829	809
Profit before tax	1,005	150	361	1,015	955 −5%	-173 −215%	188 −48%
Tax rate	13%	-5%	-15%	18%	14%	-406%	-205%
Net profit	877	157	415	836	824 −6%	529 +237%	574 +38%
EPS	4.88	0.96	2.33	4.25	4.03	2.40	2.11

How to read this

₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.

Inve summary of a publicly available earnings call transcript; see how call summaries are prepared. Not investment advice.

What they filed

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