Its net profit after taxes, minority interest and share of profit of associate stood at Rs308.85 crore in the year-ago period, JSW Energy said in a filing to BSE. For the first quarter ended 30 June 2016-17, the company achieved a consolidated turnover of Rs2,492 crore, up 15% as compared to Rs2,167 crore a year agoNew Delhi: JSW Energy on Thursday reported consolidated net profit of Rs366.53 crore for the first quarter ended 30 June 2016-17. For the first quarter ended 30 June 2016-17, the company achieved a consolidated turnover of Rs2,492 crore, up 15% as compared to Rs2,167 crore a year ago. The company said in a press release that “PAT of Rs367 crore, up by 19% as against Rs309 crore in the corresponding quarter of the previous year.”Net sales during the April-June quarter were at Rs2,411.24 crore, as against Rs2,058.16 crore a year ago. The increase in turnover is primarily on account of the addition of hydro units acquired during the second quarter of the previous year; partly offset by lower realisation during the quarter.

Source: Mint July 21, 2016 11:56 UTC