SJVN Reports Q2 Net Profit of ₹630.79 Crore, Appoints New CFO
SJVN Limited announced its Q2 financial results, reporting a standalone net profit of ₹630.79 crore and consolidated net profit of ₹535.38 crore. The company's revenue from operations reached ₹942.03 crore (standalone) and ₹1,032.40 crore (consolidated). SJVN appointed Shri Sipan Kumar Garg as the new Chief Financial Officer. The board approved raising up to ₹1,000 crore through securitization of future revenue from its Nathpa Jhakri Hydro Electric Project, aligning with the National Monetization Pipeline.

*this image is generated using AI for illustrative purposes only.
SJVN Limited , a prominent player in the power sector, has released its financial results for the second quarter, showcasing improved profitability and strategic developments.
Financial Highlights
| Metric | Standalone | Consolidated |
|---|---|---|
| Net Profit | ₹630.79 crore | ₹535.38 crore |
| Revenue from Operations | ₹942.03 crore | ₹1,032.40 crore |
SJVN reported a standalone net profit of ₹630.79 crore for the quarter, while the consolidated net profit stood at ₹535.38 crore. Revenue from operations reached ₹942.03 crore on a standalone basis and ₹1,032.40 crore on a consolidated basis.
New Chief Financial Officer
SJVN has appointed Shri Sipan Kumar Garg as the new Chief Financial Officer. Garg brings over 23 years of experience in finance and power sector operations, which is expected to contribute to the company's financial strategy and growth plans.
Future Plans
The company has approved raising funds up to ₹1,000 crore through securitization of future revenue from its Nathpa Jhakri Hydro Electric Project. This initiative is part of the National Monetization Pipeline, demonstrating the company's approach to financial management and resource optimization.
Board Meeting
The company's board meeting was held on November 10, where these financial results and strategic decisions were approved. This meeting marks a significant moment in SJVN's corporate governance and strategic planning.
Outlook
With its financial performance, strategic appointments, and fundraising plans, SJVN appears positioned for future growth. The company's ability to maintain revenue levels while improving profitability demonstrates resilience in the power sector.
Stakeholders will be watching how SJVN leverages its financial position and new leadership to capitalize on opportunities in the energy landscape. The implementation of its fundraising plans and the utilization of these funds may play a role in shaping SJVN's future performance and market position.
Historical Stock Returns for SJVN
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.61% | -1.65% | -5.75% | -15.44% | -19.58% | +268.43% |
















































