JSW Energy Limited has informed the Exchange regarding Appointment of Mr Aditya Agarwal as COO-Renewable of the company w.e.f. Jun 16, 2025.
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JSW Energy's board approved audited results for Q4 and FY25, with standalone profit rising to Rs 1,221 crore (up 28% from Rs 950 crore in FY24), though revenue from operations fell to Rs 3,939 crore from Rs 5,129 crore. EPS for the year stood at Rs 7.01 versus Rs 5.79 previously, and net worth grew to Rs 15,587 crore. The board recommended a dividend of Rs 2 per share (20%) and approved a fund raising plan of up to Rs 10,000 crore via private placement, QIP, or preferential allotment. Mr Aditya Agarwal, currently CEO of the battery business at Waaree Energies with 34 years of experience including 17 years at JSW Energy, was appointed COO-Renewable effective June 16, 2025. Independent director Mr Desh Deepak Verma was re-appointed for a second 5-year term from July 21, 2025, and the 31st AGM is set for July 11, 2025.
The 28% jump in annual profit and Rs 2 dividend should be viewed positively by shareholders, while the COO-Renewable hire signals a sharper focus on the green energy growth plan. The Rs 10,000 crore fund raising proposal may lead to dilution depending on the mode of issuance and could be closely watched by the market.