SJVN Ltd's Q3FY25 Quarter Results
- 14 Feb 2025
Result Summary
- SJVN Ltd reported a 31.4% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 25.2%.
- Its expenses for the quarter were up by 7.3% QoQ and 38.6% YoY.
- The net profit decreased 66.2% QoQ and increased 7.0% YoY.
- The earnings per share (EPS) of SJVN Ltd stood at 0.4 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 760.76 | 1108.43 | 607.72 | -31.4% | 25.2% |
Total Expenses | 567.28 | 528.88 | 409.33 | 7.3% | 38.6% |
Profit Before Tax | 187.77 | 588.67 | 182.21 | -68.1% | 3.1% |
Tax | 40.16 | 149.79 | 44.30 | -73.2% | -9.3% |
Profit After Tax | 148.75 | 439.90 | 138.97 | -66.2% | 7.0% |
Earnings Per Share | 0.40 | 1.10 | 0.30 | -63.6% | 33.3% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
SJVN Ltd, also known as Satluj Jal Vidyut Nigam, is a prominent player in the Indian energy sector, primarily involved in the generation and sale of electricity. The company focuses on hydroelectric power generation but also has interests in thermal, wind, and solar energy projects. SJVN is a joint venture between the Government of India and the Government of Himachal Pradesh, reflecting its strategic importance in the national energy landscape. Recently, SJVN has been expanding its portfolio to include more renewable energy projects, aligning with India's commitment to sustainable development. However, specific details on any recent major developments are not provided in the current dataset.
Revenue
In Q3FY25, SJVN Ltd reported a total income of ₹760.76 crores, a decrease from the previous quarter (Q2FY25), where the total income was ₹1108.43 crores. This represents a quarter-over-quarter (QoQ) decline of 31.4%. However, when comparing year-over-year (YoY) performance, the total income increased by 25.2% from ₹607.72 crores in Q3FY24. This indicates a notable improvement in revenue on an annual basis, despite the quarterly decline.
Profitability
The financial data for Q3FY25 shows a Profit Before Tax (PBT) of ₹187.77 crores, which is a significant decrease from the ₹588.67 crores recorded in Q2FY25, marking a QoQ decline of 68.1%. However, when compared to the same period in the previous year (Q3FY24), where the PBT was ₹182.21 crores, there is a modest YoY increase of 3.1%. The Profit After Tax (PAT) for Q3FY25 stands at ₹148.75 crores, down from ₹439.90 crores in Q2FY25, reflecting a QoQ decrease of 66.2%. Compared to Q3FY24, where PAT was ₹138.97 crores, there is a YoY increase of 7.0%.
Operating Metrics
The total expenses for SJVN Ltd in Q3FY25 were ₹567.28 crores, showing a QoQ increase of 7.3% from ₹528.88 crores in Q2FY25. Year-over-year, there is a significant increase of 38.6% from ₹409.33 crores in Q3FY24. The Earnings Per Share (EPS) for Q3FY25 was ₹0.40, which decreased by 63.6% QoQ from ₹1.10 in Q2FY25. However, there is a 33.3% YoY increase compared to ₹0.30 in Q3FY24. The tax expense for the quarter was ₹40.16 crores, which decreased by 73.2% QoQ from ₹149.79 crores in Q2FY25 and by 9.3% YoY from ₹44.30 crores in Q3FY24. These figures illustrate the financial adjustments and performance dynamics over both quarterly and yearly periods.
