SJVN reports marginal fall in Q1 net profit

SJVN has reported results for first quarter ended June 30, 2016.

The company has reported 0.97% fall in its net profit at Rs 479.96 crore for the quarter ended June 30, 2016 as compared to Rs 484.67 crore for the same quarter in the previous year. The company’s total income increased marginally by 0.84% to Rs 886.68 crore for the quarter under review from Rs 879.26 crore for the corresponding quarter of the previous year.

SJVN is a joint venture between the Central government and Himachal Pradesh state government. The company owns and operates India’s largest 1500 MW Nathpa Jhakri Hydro Power Station in Himachal Pradesh.