SJVN Q1 results: Net profit rises nearly 13% to Rs 342 cr
New Delhi, State-run SJVN NSE -0.74 % Ltd on Saturday posted nearly 13 per cent rise in its consolidated net profit at Rs 342.13 crore in the June quarter mainly on the back of higher revenues. The consolidated net profit of the company was Rs 303.90 crore in the quarter ended on June 30, 2020, a BSE filing said.
Total income rose to Rs 704.90 crore in the quarter from Rs 714.19 crore in the same period a year ago.
SJVN Chairman and Managing Director Nand Lal Sharma said that the company’s networth has jumped to Rs 13,100.97 crore at the end of 1st quarter of 2021-22 as compared to Rs 12,332.85 crore in the corresponding period of the previous year, which is an excellent feat considering the recent global economic turmoil due to pandemic situation.
