SJVN Q4 loss narrows to Rs 118 crore

SJVN Limited on Friday reported narrowing of consolidated loss to Rs 117.84 crore during March quarter, mainly on account of increased income
SJVN Q4 loss narrows to Rs 118 crore
SJVN Q4 loss narrows to Rs 118 crore
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New Delhi: State-owned SJVN Limited on Friday reported narrowing of consolidated loss to Rs 117.84 crore during March quarter, mainly on account of increased income.

It had incurred a loss of Rs 127.72 crore in the same period a year ago, the company said in an exchange filing.

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During the quarter, the total income rose threefold to Rs 1,548.46 crore from Rs 548.84 crore a year ago.

On a standalone basis, SJVN's net profit quadrupled to Rs 125.40 crore as compared to the year-ago period. Income doubled to Rs 1,047.70 crore.

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The company's board also recommended a final dividend of 35 paise per equity share for 2025-26.

Government of India has 55 per cent stake in SJVN, the Himachal Pradesh government has 26.85 percent and rest 18.15 percent is with public.

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