Latest News | SJVN Q4 Net Profit Grows over Two Fold to Rs 17 Cr
Get latest articles and stories on Latest News at LatestLY. State-owned SJVN's consolidated net profit jumped over two-fold to Rs 17.21 crore during the quarter ended March 31, boosted by higher income.
New Delhi, May 23 (PTI) State-owned SJVN's consolidated net profit jumped over two-fold to Rs 17.21 crore during the quarter ended March 31, boosted by higher income.
It had clocked a net profit of Rs 7.49 crore in the January-March quarter of the preceding financial year (FY22), the company said in a regulatory filing on Monday.
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The company's total income rose to Rs 582.78 crore, from Rs 393.87 crore in the year-ago quarter, the hydropower producer said.
The expenses of the company stood at Rs 328.98 crore, as against Rs 366.13 crore a year ago.
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The board of directors of the company has also approved a final dividend of Rs 0.62 per share of Rs 10 each for FY23.
(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)