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SJVN reports 3-fold jump in Q4 net profit

SJVN has reported results for fourth quarter and year ended March 31, 2019.

The company has reported over 3-fold jump in its net profit at Rs 458.92 crore for the quarter under review as compared to Rs 132.92 crore for the same quarter in the previous year. Total income of the company jumped by 2-fold at Rs 876.14 crore for Q4FY19 as compared Rs 436.42 crore for the corresponding quarter previous year.

For the year ended March 31, 2019, the company has reported a rise of 11.38% in its net profit at Rs 1,364.29 crore as compared to Rs 1,224.88 crore for the previous year. Total income of the company increased by 12.44% at Rs 2,908.99 crore for year under review as compared to Rs 2,587.07 crore for year ended March 31, 2018.

For the year ended March 31, 2019, on the consolidated basis, the company has reported a rise of 11.59% in its net profit at Rs 1,366.56 crore as compared to Rs 1,224.61 crore for the previous year. Total income of the company increased by 12.54% at Rs 2,907.94 crore for year under review as compared to Rs 2,583.95 crore for year ended March 31, 2018.

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