SJVN announced a marginal decline in standalone net profit for the quarter ended March 2014. During the quarter, the profit of the company declined 8.32% to Rs 1,448.30 million from Rs 1,579.80 million in the same quarter last year.
Net sales for the quarter surged 46.30% to Rs 3,120.40 million, compared with Rs 2,133 million for the prior year period.
Earnings per share for the quarter stood at Rs 0.35, registering 7.89% decline over previous year period.
| Quarterly Results - Standalone (Rs in mn) |
| As at | Mar - 14 | Mar - 13 | %Change |
| Net Sales | 3,120.40 | 2,132.90 | 46.30 |
| Net Profit | 1,448.30 | 1,579.80 | (8.32) |
| Basic EPS | 0.35 | 0.38 | (7.89) |
Shares of the company gained Rs 0.1, or 0.4%, to settle at Rs 25.15. The total volume of shares traded was 847,828 at the BSE (Wednesday).
