SJVN Q1FY24 Results: Consolidated PAT of Rs. 271.75 Cr

SJVN Q1FY24 Results: Consolidated PAT of Rs. 271.75 Cr

SJVN Q1 results show revenue up from 582.78 crores to 744.39 crores, a 27.73% increase in growth. EPS rise from ₹0.38 to ₹0.74, up by 94.74%.

First, Let’s Begin with Quarter-on-Quarter Basis:

SJVN shared its Q1 results on Wednesday. They earned 744.39 crores in revenue this quarter, but that’s more than the 582.78 crores they made last quarter. The company’s growth increased by 27.73 percent when comparing the two quarters.

In terms of profits, the company’s PAT (Profit After Tax) for this quarter was 271.75 crores, up from 17.21 crores in the previous quarter. Their quarter-to-quarter growth increased by 1479.02 percent.

The company’s EPS (Earnings Per Share) this quarter is ₹0.74, which is an increase of 94.74% from the ₹0.38 EPS in the previous quarter.

Now, Let’s Analyze the Results on a Year-over-Year Basis:

The company made a total revenue of 744.39 crores this year (2023), which is 30.58 percent lower than last year’s total revenue of 1072.23 crores.

This year’s PAT (Profit After Tax) is 271.75 crores, which is also 55.39% lower than last year’s PAT of 609.23 crores.

The EPS (Earnings Per Share) for this year is ₹0.74, which is 48.97% less than the EPS of ₹1.45 earned last year.

Also Read: Bajaj Consumer Care Q1FY24 Results: Consolidated PAT of Rs. 46.22 Cr

SJVN Share Dividend Announcement / Record Date:

The record date for the dividend has not arrived yet.

About SJVN:

SJVN, previously recognized as Satluj Jal Vidyut Nigam, is an Indian government-owned entity engaged in the generation and transmission of hydroelectric power. Established in 1988, it initially operated as Nathpa Jhakri Power Corporation, formed through a collaboration between the Government of India and the Government of Himachal Pradesh.

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