SJVN Ltd Q3 results: Net profit rises by 7% to Rs 149 crore on higher revenue

The board of directors has also approved an interim dividend of Rs 1.15 per equity share for 2024-25.

SJVN Ltd Q3 results: Net profit rises by 7% to Rs 149 crore on higher revenue
SJVN Ltd Q3 results Net profit rises by 7 to Rs 149 crore on higher revenue

Hydropower PSU, SJVN Ltd reported a 7% rise in consolidated net profit to Rs 148.75 crore in the December quarter due to higher revenues. The company posted a net profit of Rs 138.97 crore a year ago, as per a BSE filing. It said that total income rose to Rs 760.76 crore during the quarter from Rs 607.72 crore.

The board of directors has also approved an interim dividend of Rs 1.15 per equity share for 2024-25. The record date for the interim dividend is February 21, 2025. The payment of dividends shall start from March 6, 2025 onwards.

Shares of the company are trading lower by 2.60% at Rs 90.22. The dividend yield is at 1.99%.

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