SJVN shines on reporting 31% rise in Q1 consolidated net profit
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SJVN is currently trading at Rs. 142.75, up by 5.80 points or 4.24% from its previous closing of Rs. 136.95 on the BSE.
The scrip opened at Rs. 144.90 and has touched a high and low of Rs. 148.85 and Rs. 142.05 respectively. So far 2898000 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 170.45 on 05-Feb-2024 and a 52 week low of Rs. 55.00 on 21-Aug-2023.
Last one week high and low of the scrip stood at Rs. 148.85 and Rs. 135.70 respectively. The current market cap of the company is Rs. 56235.37 crore.
The promoters holding in the company stood at 81.85%, while Institutions and Non-Institutions held 6.33% and 11.83% respectively.
SJVN has reported results for first quarter ended June 30, 2024 (Q1FY25).
SJVN has reported 21.08% rise in net profit at Rs 327.15 crore for first quarter ended June 30, 2024 as compared to Rs 270.20 crore for the same quarter in the previous year. Total income of the company increased by 22.29% at Rs 902.88 crore for Q1FY25 as compared to Rs 738.34 crore for the corresponding quarter previous year.
On consolidated basis, the company has reported 31.40% rise in its net profit at Rs 357.09 crore for the quarter ended June 30, 2024 as compared to Rs 271.75 crore for the same quarter in the previous year. Total income of the company increased by 28.76% at Rs 958.47 crore for Q1FY25 as compared to Rs 744.39 crore for the corresponding quarter previous year.
