JSW Energy’s Ebitda growth fueled by debt binge

JSW Energy Ltd’s stock gained about 3% to ₹504 on Friday even though its results for the quarter and year-ended March were unimpressive. Reported profit after tax increased 20% year-on-year (y-o-y) to ₹415 crore in Q4FY25, but it was mainly because other income more than doubled to ₹308 crore. Other income included a one-off element…

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