JSW Energy Q4 net profit rises by 16.5% to Rs 104.75 crore

JSW Energy reported a 16.5 per cent year-on-year rise in consolidated net profit for the January-March quarter of 2021 to Rs 104.75 crore on higher operating profit and operating margins during the period. Operating margins for January-March quarter of 2021 were also higher by 826 basis points on year to 40.31 per cent on higher realisations […]

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India’s Tata Power’s FY2017 results are in line with expectations, says Moody’s

India’s Tata Power Company Limited’s results for the fiscal year ending March 2017 (FY2017), are within Moody’s expectations and continues to support its corporate family rating of Ba3. Based on Tata Power’s FY2017 results, its credit metrics remain within the tolerance limits for its Ba3 ratings. For example, FFO interest coverage is around 1.8x compared […]

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ExxonMobil says earns $4 billion in Q1 2017

Exxon Mobil Corporation announced estimated first quarter 2017 earnings of $4 billion, or $0.95 per diluted share, compared with $1.8 billion a year earlier due to improvements in commodity prices, cost management and refining operations. “Our results reflect an increase in commodity prices and highlight our continued focus on controlling costs and operating efficiently,” said […]

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