SJVN declines on reporting 99% fall in Q4 consolidated net profit
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SJVN is currently trading at Rs. 26.25, down by 0.75 points or 2.78% from its previous closing of Rs. 27.00 on the BSE.
The scrip opened at Rs. 26.40 and has touched a high and low of Rs. 26.50 and Rs. 25.45 respectively. So far 592815 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 33.80 on 19-Oct-2021 and a 52 week low of Rs. 25.35 on 23-Aug-2021.
Last one week high and low of the scrip stood at Rs. 28.15 and Rs. 25.45 respectively. The current market cap of the company is Rs. 10217.47 crore.
The promoters holding in the company stood at 86.77%, while Institutions and Non-Institutions held 6.65% and 6.59% respectively.
SJVN has reported results for fourth quarter and year ended March 31, 2022.
The company has reported net loss at Rs 0.76 crore for the quarter under review as compared to net profit of Rs 613.80 crore for the same quarter in the previous year. Total income of the company decreased by 64.08% at Rs 388.30 crore for Q4FY22 as compared Rs 1081.13 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported fall of 98.79% in its net profit at Rs 7.49 crore for the quarter under review as compared to Rs 619.92 crore for the same quarter in the previous year. Total income of the company decreased by 63.70% at Rs 393.87 crore for Q4FY22 as compared Rs 1084.96 crore for the corresponding quarter previous year.
For the year ended March 31, 2022, the company has reported fall of 40.14% in its net profit at Rs 977.52 crore as compared to Rs 1633.04 crore for the previous year. Total income of the company decreased by 18.29% at Rs 2625.54 crore for year under review as compared to Rs 3213.07 crore for year ended March 31, 2021.
For the year ended March 31, 2022, on the consolidated basis, the company has reported fall of 39.86% in its net profit at Rs 989.80 crore as compared to Rs 1645.72 crore for the previous year. Total income of the company decreased by 18.25% at Rs 2634.78 crore for year under review as compared to Rs 3222.84 crore for year ended March 31, 2021.
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