newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu & Kashmir, Trending news | News Mantra
Delhi

SJVN registers 37.98% growth in net profit

SJVN inks Power Usage Agreement with J& K for 300 MW Solar Power

SJVN has recorded profit after tax (PAT) of Rs 1349.48 crores for three quarters of current financial year which is 37.98 percent more than the corresponding period of previous .

The third quarter (Q3) Profit After Tax is Rs 290.98 crores compared to Rs 232.67 Crores during corresponding period last year.

Sharma lauded collective efforts and hard work of the employees. “These positive growth percentiles are result of optimum utilization of our operating units, relentless quest to excellence, adopting best financial practices and strategic focus on capacity addition in the portfolio of the company.”

SJVN’s net worth has jumped to Rs 14,261.09 crores at the end of Q3 of 2022-23 as compared to Rs 13,581.36 crores during last year. Company has accounted an increase of 11.37 percent in the Profit Before Tax (PBT). The total revenues of Rs 2,715.48 crore from operations during these three quarters.

SJVN has re-engineered its Business Model and has given a major thrust to its Renewable Energy portfolio.

Related posts

A delegation of German MPs ls called on Union Minister of Power and New & Renewable Energy Shri R K Singh, at New Delhi today.

Newsmantra

Union Minister for Railways Ashwini Vaishnaw,shares one such idea of the Roof Plazas over railway stations, transforming railway infrastructure for the next 50 years!

Newsmantra

ONGC’s Sagar Samrat to add 6,000 barrels/day to India’s crude output.

Newsmantra

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More