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SJVN net profit falls 51% to Rs 139 cr in December quarter

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New Delhi: State-owned SJVN Ltd on Friday reported an over 51 per cent decline in its consolidated net profit to Rs 138.97 crore in the December quarter, due to lower revenues.

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Its consolidated net profit was Rs 287.42 crore in the quarter ended on December 31, 2022, according to a BSE filing.

Total income in the quarter declined to Rs 607.72 crore from Rs 711.24 crore in the same period a year ago.

The board of directors, in its meeting on Friday, has approved an interim dividend of Rs 1.15 per equity share for the financial year 2023-24.

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