SJVN Q2 profit declines 30% to ₹308 crore, plans ₹1,000 crore raise
after close1 source ↓written by the desknot a recommendation
- in consolidated net
- 30% decline
- for Q2
- ₹308 cr
- a year earlier
- ₹440 cr
- also fell
- ₹1,078 cr
- ₹1,108 cr
SJVN Ltd reported a 30% decline in consolidated net profit to ₹308 cr for Q2, down from ₹440 cr a year earlier. Total income also fell to ₹1,078 cr from ₹1,108 cr. The company plans to raise ₹1,000 cr through securitization of future revenue from its hydroelectric project, aiming for FY 2025-26 targets.
Not investment advice. For informational purposes only.