SJVN reports 20% drop in Q4 net profit

27 May 2016 Evaluate

SJVN has reported results for the fourth quarter and year ended March 31, 2016.

The company has posted a fall of 20.32% in its net profit at Rs 147.48 crore for the quarter ended March 31, 2016 as compared to Rs 185.08 crore for the same quarter in the previous year. Total income of the company has decreased by 43.94% at Rs 337.43 crore for quarter under review as compared to Rs 601.95 crore for the quarter ended March 31, 2015. 

For the year ended March 31, 2016, the company has posted a fall of 16% in its net profit at Rs 1408.48 crore as compared to Rs 1676.75 crore for the same period in the previous year. Total income of company decreased 10.68% at Rs 2908.21 crore for year under review as compared to Rs 3255.92 crore for the period ended March 31, 2015.

For the year ended March 31, 2016, on the consolidated basis, the company has posted a fall of 16.37% in its net profit at Rs 1402.15 crore as compared to Rs 1676.65 crore for the same period in the previous year. Total income of company has decreased by 10.62% at Rs 2909.92 crore for year under review as compared to Rs 3255.85 crore for the period ended March 31, 2015.

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