SJVN Ltd Share Price – NSE  / BSE

Miscellaneous, Small Cap

Under the MoU, the company would develop 5 GW pumped storage projects and 2 GW floating solar projects in the state. Both the parties have agreed to collaborate for development of renewable energy on long term basis.

SJVN is engaged principally engaged in electricity generation. The company is also engaged in the business of providing consultancy.

The company reported 23.53% rise in consolidated net profit to Rs 441.14 crore in Q2 FY25 as against Rs 357.09 crore posted in Q1 FY25. Revenue from operations jumped 17.90% to Rs 1,026.25 crore in the second quarter of FY24 as against Rs 870.37 crore posted in Q1 FY25

The counter declined 1.85% to settle at Rs 103.50 on Thursday, 21 November 2024.

Powered by Capital Market - Live News

Net profit of SJVN rose 0.34% to Rs 441.14 crore in the quarter ended September 2024 as against Rs 439.64 crore during the previous quarter ended September 2023. Sales rose 16.84% to Rs 1026.25 crore in the quarter ended September 2024 as against Rs 878.36 crore during the previous quarter ended September 2023.

Powered by Capital Market - Live News

Revenue from operations jumped 17.90% to Rs 1,026.25 crore in the second quarter of FY24 as against Rs 870.37 crore posted in Q1 FY25.

On year on year basis, the company in Q2 FY25 recorded marginally higher net profit compared to Rs 439.64 crore in Q2 FY24. Revenue gained 16.83% YoY in Q2 FY25 from Rs 878.36 crore posted in Q2 FY24.

Profit before tax was at Rs 580.57 crore in the second quarter of FY25, up 4.68% as against Rs 554.57 crore posted in Q2 FY24.

Total expenses ralllied 32.61% year on year to Rs 528.88 crore in the quarter ended 30 September 2024. Employee benefit expenses stood at Rs 72.48 crore (up 14.52% YoY) and finance cost stood at Rs 198.23 crore (up 59.66% YoY) during the period under review.

On half year basis, the company’s net profit rose 12.03% to Rs 796.99 crore on 22.14% increased in revenue from operations to Rs 1,896.62 crore in H1 FY25 over H1 FY24.

SJVN is engaged principally engaged in electricity generation. The company is also engaged in the business of providing consultancy.

Powered by Capital Market - Live News

SJVN has revised the meeting of the Board of Directors which was scheduled to be held on 7 November 2024. The meeting will now be held on 5 November 2024.

Powered by Capital Market - Live News