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SJVN Q1 net flat at Rs 480 cr

SJVN Q1 net flat at Rs 480 cr

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SJVN recently posted flat standalone net profit at Rs 479.96 crore for the quarter ended June 30.

The company had posted a net profit for the period of Rs 484.67 crore in the corresponding quarter of the previous fiscal, SJVN said in a BSE filing.

However, total revenue from operations (net) declined to Rs 740.76 crore, over Rs 776.16 crore in the year-ago period.

The total expenses increased to Rs 277.98 crore, over Rs 266.44 crore in the corresponding quarter of previous fiscal.

The present installed capacity of SJVN, which is engaged in generation and sale of power, is 1,959.6 mw, comprising of 1,912 mw hydro and 47.6 mw wind power, according to its website.

Source:PTI
Anand Gupta Editor - EQ Int'l Media Network

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