Business Standard

SJVN net profit declines 55% to Rs 272 cr in Q1 due to lower revenues

Total income of the company declined to Rs 744.39 crore in the first quarter of the current fiscal from Rs 1,072.23 crore in the year-ago period

SJVN

SJVN

Press Trust of India New Delhi

Listen to This Article

State-owned power producer SJVN Ltd on Wednesday reported an over 55 per cent dip in its consolidated net profit to Rs 271.75 crore in the June quarter, mainly due to lower revenues.

The company had reported a consolidated net profit of Rs 609.23 crore in the year-ago quarter, the company said in a BSE filing.

Total income of the company declined to Rs 744.39 crore in the first quarter of the current fiscal from Rs 1,072.23 crore in the year-ago period.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Aug 09 2023 | 4:10 PM IST

Explore News