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01-01-1970 12:00 AM | Source: Accord Fintech
SJVN gains on reporting 58% rise in Q4 consolidated net profit
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SJVN is currently trading at Rs. 28.80, up by 0.10 points or 0.35% from its previous closing of Rs. 28.70 on the BSE.

The scrip opened at Rs. 29.20 and has touched a high and low of Rs. 29.40 and Rs. 28.70 respectively. So far 210604 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 30.80 on 08-Jun-2021 and a 52 week low of Rs. 20.40 on 15-Oct-2020.

Last one week high and low of the scrip stood at Rs. 29.40 and Rs. 28.10 respectively. The current market cap of the company is Rs. 11317.81 crore.

The promoters holding in the company stood at 86.77%, while Institutions and Non-Institutions held 7.74% and 5.50% respectively.

SJVN has reported results for fourth quarter and year ended March 31, 2021.

The company has reported 53.67% rise in its net profit at Rs 613.80 crore for the quarter under review as compared to net profit at Rs 399.44 crore for the same quarter in the previous year. Total income of the company increased by 53.42% at Rs 1081.13 crore for Q4FY21 as compared Rs 704.70 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 58.46% in its net profit attributable to equityholders at Rs 619.92 crore for the quarter under review as compared to net profit of Rs 391.21 crore for the same quarter in the previous year. Total income of the company increased by 54.18% at Rs 1084.96 crore for Q4FY21 as compared Rs 703.72 crore for the corresponding quarter previous year.

For the year ended March 31, 2021, the company has reported 4.85% rise in its net profit at Rs 1633.04 crore as compared to net profit at Rs 1557.43 crore for the previous year. Total income of the company increased by 3.81% at Rs 3213.07 crore for year under review as compared to Rs 3095.24 crore for year ended March 31, 2020.

For the year ended March 31, 2021, on the consolidated basis, the company has reported a rise of 17.80% in its net profit attributable to equityholders at Rs 1845.61 crore as compared to net profit of Rs 1566.76 crore for the previous year. Total income of the company increased by 3.85% at Rs 3222.84 crore for year under review as compared to Rs 3103.51 crore for year ended March 31, 2020.