Billionaire Sajjan Jindal's JSW Energy Ltd on Friday (October 17) reported a 17.4% year-on-year decline in net profit for the second quarter, which stood at ₹705 crore, down from ₹853 crore in the same period last year.

The company’s revenue fell 60% to ₹5,177.4 crore compared with ₹3,238 crore in Q2 of the previous year. Operating performance also showed a sharp decline, with EBITDA down 77.8% to ₹2,996 crore from ₹1,684.8 crore a year earlier. EBITDA margin expanded to 57.9% from 52% in the corresponding period last year.

On the consolidated financial front, EBITDA for Q2 FY26 rose 67% YoY to ₹3,180 crore, driven by organic renewable capacity additions and contributions from the Mahanadi and O2 Power projects.

Also Read: JSW Energy’s Utkal unit secures 400 MW, 25-year power supply

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