SJVN reports 9% fall in Q1 net profit

24 Jul 2012 Evaluate

SJVN has reported results for first quarter ended June 30, 2012.

The company has registered a fall of 9.46% in its net profit at Rs 315.27 crore for the quarter under review as compared to Rs 348.21 crore for the same quarter in the previous year. Moreover, the net income from operation of the company has decreased by 8.68% at Rs 557.26 crore for Q1FY13 as compared Rs 610.23 crore for the corresponding quarter previous year.

SJVN is a joint venture between the Central government and Himachal Pradesh state government. 

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