SJVN Q4 profit drops 13% to Rs 399 cr; total income falls to Rs 697.63 cr
State-run power producer SJVN Ltd on Monday reported a 13 per cent decline in consolidated net profit to Rs 399.21 crore for the January-March quarter compared to the year-ago period.
The consolidated net profit was Rs 458.76 crore in the quarter ended on March 31, 2019, a regulatory filing said.
Total income in the quarter declined to Rs 697.63 crore from Rs 874.71 crore in the same period last year.
Its consolidated net profit rose to Rs 1,661.21 crore in 2019-20, from Rs 1,366.54 crore in 2018-19. Total income in 2019-20 was Rs 3,097.42 crore up from Rs 2,907.94
The board has recommended a final dividend of 0.50 paisa per share of 10 each for 2019-20 subject to the approval of shareholders in the ensuing Annual General Meeting.
