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SJVN reports 55% fall in Q1 consolidated net profit

09 Aug 2023 Evaluate

SJVN has reported results for first quarter ended June 30, 2023 (Q1FY24). 

The company has reported 55.54% fall in its net profit at Rs 270.20 crore for the quarter under review as compared to Rs 607.79 crore for the same quarter in the previous year. Total income of the company decreased by 31.03% at Rs 738.34 crore for Q1FY24 as compared Rs 1070.50 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported 55.39% fall in net profit at Rs 271.75 crore for the first quarter ended June 30, 2023 as compared to Rs 609.23 crore for the same quarter in the previous year. Total income of the company decreased by 30.58% at Rs 744.39 crore for Q1FY24 as compared Rs 1072.23 crore for the corresponding quarter previous year.

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