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JSW Energy reported a net loss in its fourth-quarter report

 Last Update: 2022-12-27
 Source: Internet
 Author: User

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As of March 2018, JSW Energy, a subsidiary of JSW Group, reported a net loss of INR 4,800.
5 million for the fourth quarter, mainly due to higher fuel costs and provision for outstanding payments
.

The company recorded a net profit of Rs.
247.
6 crore
in the previous financial quarter.

Fuel costs rose 11 percent
in the fourth quarter of fiscal year 2017-18 due to rising global coal prices.

JSW Energy also said that considering JPVL's ongoing financial challenges, the company recorded gross and net amounts of INR 574 crore and INR 418 crore in the quarter, ahead of ITR 752 crore with prominent Jaiprakash Power Ventures
.

(This article first published cable network: /, please indicate the source for reprinting)

As of March 2018, JSW Energy, a subsidiary of JSW Group, reported a net loss of INR 4,800.
5 million for the fourth quarter, mainly due to higher fuel costs and provision for outstanding payments
.

energy

The company recorded a net profit of Rs.
247.
6 crore
in the previous financial quarter.

Fuel costs rose 11 percent
in the fourth quarter of fiscal year 2017-18 due to rising global coal prices.

(This article first published cable network: /, please indicate the source for reprinting)

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