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SJVN shares in focus after co posts Q4 loss of Rs 127.6 cr vs profit year ago

SJVN shares in focus after co posts Q4 loss of Rs 127.6 cr vs profit year ago

Time of India30-05-2025
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Shares of SJVN Ltd are likely to be in focus on Friday, May 30, after the state-owned hydropower and renewable energy company reported a net loss in the fourth quarter of FY25, marking a significant turnaround from its performance a year ago.The company posted a net loss of Rs 127.6 crore in Q4 FY25, in sharp contrast to a profit of Rs 61 crore reported in the same quarter last year. The decline was partly due to the absence of exceptional gains, as SJVN had reported a one-time gain of Rs 104 crore in Q4 FY24, which had boosted its bottom line last year.Despite the loss, SJVN's revenue during the March 2025 quarter showed modest growth. Revenue rose 4.5% year-on-year to Rs 504 crore, up from Rs 483 crore in the corresponding period of the previous fiscal.The company's renewable energy segment, comprising wind and solar projects, contributed Rs 67.5 crore in revenue during the quarter.Further, the board of directors of SJVN announced a dividend of Rs 3.1 per share for its shareholders. Other details like the record date and the payout date will be announced in due course.Over the last year, the shares of SJVN have declined by 26.85%, while it is down 7.88% year-to-date (YTD). In the past six months, the stock has dropped 11.05%, but it has shown a recovery in the short term, rising 21.34% over the last three months and 5.57% in the past month.On Thursday, SJVN shares fell by 0.25% to close at Rs 101.90 on the BSE.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
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