Stock Analysis

JSW Energy Second Quarter 2023 Earnings: EPS Beats Expectations, Revenues Lag

NSEI:JSWENERGY
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JSW Energy (NSE:JSWENERGY) Second Quarter 2023 Results

Key Financial Results
  • Revenue: ₹26.0b (up 24% from 2Q 2022).
  • Net income: ₹4.66b (up 37% from 2Q 2022).
  • Profit margin: 18% (up from 16% in 2Q 2022).
    • The increase in margin was driven by higher revenue.
  • EPS: ₹2.85 (up from ₹2.07 in 2Q 2022).
earnings-and-revenue-growth
NSEI:JSWENERGY Earnings and Revenue Growth October 30th 2022

All figures shown in the chart above are for the trailing 12 month (TTM) period

JSW Energy EPS Beats Expectations, Revenues Fall Short

Revenue missed analyst estimates by 15%. Earnings per share (EPS) exceeded analyst estimates by 1.4%.

Looking ahead, revenue is forecast to grow 8.5% p.a. on average during the next 3 years, compared to a 8.9% growth forecast for the Renewable Energy industry in Asia.

Performance of the market in India.

The company's shares are up 1.9% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 3 warning signs for JSW Energy you should be aware of, and 1 of them makes us a bit uncomfortable.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.