SJVN rises on reporting 17% jump in FY12 net profit

28 May 2012 Evaluate

SJVN is currently trading at Rs. 18.60, up by 0.05 points or 0.27% from its previous closing of Rs. 18.55 on the BSE.

The scrip opened at Rs. 18.75 and has touched a high and low of Rs. 18.75 and Rs. 18.40 respectively. So far 312672 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 23.80 on 05-Sep-2011 and a 52 week low of Rs. 18.45 on 24-May-2012.

Last one week high and low of the scrip stood at Rs. 18.85 and Rs. 18.40 respectively. The current market cap of the company is Rs. 7694.13 crore.

The promoters holding in the company stood at 89.97% while Institutions and Non-Institutions held 4.06% and 5.98% respectively.

Group’s total income for the year ended March 31, 2012 has zoomed by 134.26% to Rs 2136.79 crore   SJVN has reported un-audited results for the quarter and audited result for the year ended March 31, 2012.

The Company’s net profit for the quarter ended March 31, 2012 rose marginally by 8.58% at Rs 119.74 crore as compared to Rs 110.28 crore for the quarter ended March 31, 2011. Its total income has increased by 0.23% to Rs 426.44 crore for the quarter under review from Rs 425.46 crore for the corresponding quarter of the previous fiscal.

For the Year ended March 31, 2012, the Company’s net profit registered  growth of 17.16% at Rs 1068.68 crore as compared to Rs 912.13 crore for the year ended March 31, 2011. Group’s total income for the year ended March 31, 2012 has zoomed by 134.26% to Rs 2136.79 crore from Rs 1979.16 crore in the previous fiscal.

Company’s board of directors at its meeting held on May 28, 2012, inter alia, have recommended dividend of Rs 0.94 per share (on face value of Rs 10 each) (9.4%) for the year 2011-12 subject to approval of Shareholders in the ensuing Annual General Meeting.

SJVN Share Price

111.50 -2.65 (-2.32%)
20-Dec-2024 16:59 View Price Chart
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