IndiGrid and JSW Energy report profit growth in FY 2024-25

IndiGrid Infrastructure Trust and JSW Energy Limited have reported solid financial results for the year ending March 31, 2025.

IndiGrid posted a net profit of Rs 4.11 billion, marking a 38.85 per cent increase from Rs 2.96 billion in the previous year. Its total income rose by 15.1 per cent to Rs 34.38 billion.

In the fourth quarter, consolidated revenue reached Rs 8.743 billion, up 11.3 per cent year-on-year. For the full year, consolidated revenue rose 14.8 per cent to Rs 32.876 billion. EBITDA increased by 18.7 per cent to Rs 29.209 billion. Operational revenue and EBITDA grew 12.1 per cent and 18.4 per cent, respectively. Net distributable cash flow (NDCF) stood at Rs 14 billion, a 12.6 per cent rise from the previous year.

JSW Energy reported a net profit of Rs 19.83 billion, up 14.96 per cent from Rs 17.25 billion in FY 2023-24. Its total income rose to Rs 126.39 billion, marking a 5.85 per cent increase from the previous year.