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SJVN reports 6% fall in Q2 net profit

30 Oct 2012 Evaluate

SJVN has reported results for second quarter ended September 30, 2012.

The company has registered a fall of 5.86% in its net profit at Rs 387.03 crore for the quarter ended September 30, 2012 as compared to Rs 411.10 crore for the same quarter in the previous year. Net revenue from operations has decreased by 2.78% at Rs 606.44 crore for quarter under review as compared to Rs 623.81 crore for the quarter ended September 30, 2011.

SJVN is a joint venture between the Central government and Himachal Pradesh state government.

Peers
Company Name CMP
NTPC 333.30
Tata Power 365.00
Adani Power 209.85
Power Grid Corpn. 269.10
Adani Energy Solut. 1373.75
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