SJVN (SJVN) Q1 25/26 earnings summary

Executive summary

• Board approved standalone and consolidated financial results for the quarter ended June 30, 2025, along with auditor's review reports.

• Appointment of Shri Vivek Bhatnagar as Chief Internal Auditor was confirmed.

Financial highlights

• Standalone revenue from operations was ₹82,244 lakh, down slightly from ₹83,173 lakh year-over-year.

• Standalone net profit for the quarter was ₹25,851 lakh, a decrease from ₹32,715 lakh in the same quarter last year.

• Consolidated revenue from operations was ₹91,745 lakh, up from ₹87,037 lakh year-over-year.

• Consolidated net profit for the quarter was ₹22,758 lakh, down from ₹35,709 lakh year-over-year.

• Total comprehensive income for the quarter was ₹25,561 lakh (standalone) and ₹22,466 lakh (consolidated).

Outlook and guidance

• Revenue from hydro power recognized provisionally as per previous tariff pending new CERC tariff orders for 2024-2029.

• Management expects the hold on Devasari Hydro Electric Project to be withdrawn, with ongoing engagement with authorities.