GQG Partners sells nearly 1% JSW Energy stake for ₹677 crore via block deal

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CNBC TV18•09-12-2025, 21:27
GQG Partners sells nearly 1% JSW Energy stake for ₹677 crore via block deal
- •GQG Partners sold nearly 1% stake in JSW Energy for ₹677 crore through a block deal.
- •The transaction involved 1.5 crore shares at an average price of ₹444 per share.
- •JSW Energy's Q2 net profit declined 17.4% year-on-year to ₹705 crore.
- •The company's Q2 revenue was ₹5,177.4 crore, up from ₹3,238 crore in the previous year's Q2.
- •Consolidated Q2 FY26 EBITDA rose 67% YoY to ₹3,180 crore, boosted by renewable capacity additions.
Why It Matters: Investor stake sale and mixed Q2 results could influence JSW Energy's future.
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