SJVN’s Q1 Net Profit Falls 55.5% YoY as Hydropower Projects Underperform
The company registered a revenue of ₹7.38 billion, a 31% YoY decrease
August 22, 2023
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SJVN Limited, a joint venture between the Government of India and the Government of Himachal Pradesh, has registered a net profit of ₹2.7 billion (~$32.5 million) during the first quarter (Q1) of the financial year (FY) 2023-24, a year-over-year (YoY) decrease of 55.5% from₹6.08 billion (~$73.1 million).
Gautamee Hazarika
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