SJVN Limited has announced that the Statutory Auditors have furnished the audit report on the standalone and consolidated financial results for the period ended March 31, 2026, with an unmodified opinion. This declaration was made to the stock exchanges on May 22, 2026, under Regulation 33 of the SEBI (LODR) Regulations, 2015.

The company had previously approved its annual audited standalone and consolidated financial statements for FY26 during a Board meeting on May 15, 2026. The Board had recommended a final dividend of ₹0.35 per equity share for FY2025-26, subject to shareholder approval. This final dividend is in addition to the interim dividend of ₹1.15 per equity share, bringing the total dividend for the year to ₹1.50 per share.

Standalone Financial Performance

On a standalone basis, SJVN reported a net profit of ₹1,007.90 crore for FY26, compared to ₹970.18 crore in the prior year. Revenue from operations grew to ₹3,544.52 crore from ₹2,897.25 crore. Total income for the year stood at ₹3,869.66 crore versus ₹3,252.44 crore previously. The revenue increase was primarily driven by the recognition of earlier year sales amounting to ₹670.98 crore pursuant to a tariff order for NJHPS & RHPS. An impairment loss of ₹174.11 crore was recognised during the year.

Consolidated Financial Performance

On a consolidated basis, the group reported a net profit of ₹641.85 crore for FY26, compared to ₹818.02 crore in the previous year. Consolidated revenue from operations rose to ₹4,528.29 crore from ₹3,072.01 crore. Total consolidated income stood at ₹4,722.81 crore. For the quarter ended March 31, 2026, the consolidated net loss narrowed to ₹117.84 crore from a net loss of ₹127.72 crore in the same quarter of the prior year. Management attributed the consolidated performance to losses in subsidiaries SGEL (₹257 crore) and SJVN Thermal (₹92 crore), driven by initial operational phases and finance costs.

Operational Highlights and Project Commissioning

During the year, total generation from all power stations stood at 13,302 million units, approximately 25% higher than the previous year. The company achieved a total capacity addition of 1,730 MW during FY26, comprising 1,070 MW solar and 660 MW thermal. Key commissions included the first unit of the 1,320 MW Buxar Thermal Power Project on November 14, 2025, and the 1,000 MW Bikaner Solar Power Project on December 24, 2025. The 70 MW Dhubri Solar Power Plant was also commissioned. With these additions, the total installed capacity of SJVN stands at 4,196 MW.

SJVN Limited, a Navratna Central Public Sector Enterprise and a joint venture of the Government of India and the Government of Himachal Pradesh, has informed the stock exchanges of the availability of the audio recording from its conference call with investors and analysts. The call was conducted in the format of a group meeting to discuss the company's financial results for the quarter and year ended March 31, 2026.

Regulatory Disclosure

The communication, dated May 15, 2026, was submitted in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing was addressed to both the National Stock Exchange of India Limited and BSE Limited.

The key details of the disclosure are summarised below:

Access to Recording

The audio recording of the conference call has been made accessible to investors and analysts via a link provided in the official exchange filing. The disclosure was digitally signed by Soumendra Das, Company Secretary of SJVN Limited, on May 15, 2026.

This filing reflects the company's adherence to its ongoing disclosure obligations under applicable securities regulations, ensuring transparency with market participants regarding its financial performance for the concluded quarter and fiscal year.