SJVN disclosed a good increase in standalone net profit for the quarter ended December 2016. During the quarter, the profit of the company rose 23.20% to Rs 2,610.60 million from Rs 2,119.00 million in the same quarter previous year.
Revenues for the quarter rose marginally 2.75% to Rs 4,954.00 million, compared with Rs 4,821 million for the prior year period.
Operating margin for the quarter stood at 77.59 percent as compared to 75.72 percent for the previous year period. Operating Income for the quarter was Rs 3,843.70 million, compared with Rs 3650.7 million in the previous year period.
Earnings per share for the quarter stood at Rs 0.63, registering 23.53% growth over previous year period.
Quarterly Results - Standalone (Rs in mn) |
As at | Dec - 16 | Dec - 15 | %Change |
Revenues | 4,954.00 | 4,821.30 | 2.75 |
Net Profit | 2,610.60 | 2,119.00 | 23.20 |
Diluted EPS | 0.63 | 0.51 | 23.53 |
Shares of the company gained Rs 1.25, or 3.79%, to trade at Rs 34.25. The total volume of shares traded was 423,091 at the BSE (1.03 p.m., Tuesday).