SJVN (SJVN) Q4 24/25 earnings summary

Executive summary

• Board approved audited standalone and consolidated financial results for the quarter and year ended March 31, 2025, with unmodified audit opinions from statutory auditors.

• Final dividend of ₹0.31 per share recommended, in addition to interim dividend of ₹1.15 per share, totaling ₹1.46 per share for FY 2024-25.

• No material deviation in utilization of proceeds from non-convertible debentures; most funds have been deployed as intended.

Financial highlights

• Standalone revenue from operations for FY 2024-25 was ₹289,725 lakh, up from ₹253,359 lakh year-over-year.

• Standalone net profit for FY 2024-25 was ₹97,018 lakh, compared to ₹90,840 lakh in FY 2023-24.

• Consolidated revenue from operations for FY 2024-25 was ₹307,201 lakh, up from ₹257,937 lakh year-over-year.

• Consolidated net profit for FY 2024-25 was ₹81,802 lakh, compared to ₹91,144 lakh in FY 2023-24.

• Total comprehensive income (standalone) for FY 2024-25 was ₹95,919 lakh.

Outlook and guidance

• Revenue recognition for hydro power is provisional, pending final tariff orders under new CERC regulations effective April 2024.

• Management expects the hold on Devasari Hydro Electric Project to be lifted and is actively pursuing resolution of project implementation issues in Himachal Pradesh.