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      JSW Energy Q3 net tumbled 34.5%

      MoM Reporter / Mumbai, Jan 30, 2014 02:44 PM IST

        JSW Energy Q3 net tumbled 34.5%

        JSW Energy today reported a drop of 34.5 per cent in Q3 net profit on a year-on-year basis.

        According to a release issued by the company to the BSE, JSW Energy has reported a net profit of Rs 203 crore for the third quarter ended December 2013 when compared to Rs 310 crore for the third quarter ended December 2012.

        Total income decreased 8.3 per cent to Rs 2,197 crore for Q3FY14 from Rs 2,395 crore in Q3FY13.

        The stock has tumbled 4.2 per cent at Rs 42.40. The counter had seen trades of around 235,000 shares, so far, as against the two-week daily average volume of 134,000 shares, on the BSE.

        Meanwhile, the BSE Sensex has now plunged 274 points at 20,373.


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