JSW Energy earnings rose in the second quarter of fiscal 2027, with consolidated net profit up 49.9% from a year earlier to ₹1,056.4 crore. Revenue from operations increased 23% to ₹6,368.5 crore.

JSW Energy earnings and capacity additions

Profit increased from ₹704.7 crore in the same quarter of fiscal 2026, while revenue rose from ₹5,177.4 crore. Compared with the preceding quarter, profit more than doubled and revenue grew 22.3%.

The company added 813 MW of generation capacity during the quarter, including 513 MW of organically developed renewables. For the first half of fiscal 2027, additions totaled 1,686 MW, including 1,386 MW of organic renewable projects.

JSW Energy said it remained on track to add 3 GW during fiscal 2027. Its longer-term goal is to reach 30 GW of installed capacity by fiscal 2030.

Acquisition and fundraising plans

The company also acquired the 300 MW Maruti thermal plant at an enterprise value of ₹1,410 crore. Its June acquisition announcement described a power purchase agreement covering 195 MW of net capacity for Rajasthan distribution companies and approximately 64 MW of merchant capacity.

On October 28, the board approved issuing up to ₹5,000 crore in listed non-convertible debentures through a private placement. It separately approved raising up to ₹6,000 crore through eligible securities, subject to shareholder and regulatory approvals.

The latter amount is the unused portion of a ₹10,000 crore fundraising limit shareholders approved in January 2026. The company plans to seek shareholder approval for the ₹6,000 crore proposal through a postal ballot.

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