SJVN Ltd

SJVN Green Energy, subsidiary of SJVN, has achieved commercial operation of 100.25 MW part capacity out of 1000 MW for Bikaner Solar Power Project on 30 June 2025. The project has achieved total Commercial Operation Date of 400.77 MW out of 1000 MW as on date and the remaining capacity is expected to be commissioned soon.Powered by Capital Market - Live

However, revenue from operations rose by 4.45% year-over-year to Rs 504.40 crore during the period under review. The company reported pre-tax loss of Rs 146.48 crore during the quarter, compared to a profit before tax of Rs 71.39 crore in Q4 FY24. Total expenses rose 15.06% to Rs 697.96 crore in Q4 FY25 compared to Q4 FY24. During the quarter, electricity purchased for trading stood at Rs 18.58 crore, up 54.77% YoY, while employee benefits expense was Rs 26.06 crore, down 26.06% YoY. For the full year FY25, revenue from operations rose 19.09% to Rs 30,72.01 crore, while net profit fell 10.06% to Rs 819.66 crore. Meanwhile, the company's board has recommended a final dividend of Rs 0.31 per equity share for the financial year 2024-25, subject to the approval of shareholders at the ensuing Annual General Meeting. This final dividend is in addition to the interim dividend of Rs 1.15 per equity share declared in February 2025 for FY 2024-25 and will be paid within the statutory period prescribed under the companies Act, 2013. SJVN is principally engaged in electricity generation. The company is also engaged in the business of providing consultancy. Powered by Capital Market - Live

SJVN announced that the Board of Directors of the Company at its meeting held on 29 May 2025, inter alia, have recommended the final dividend of Rs 0.31 per equity Share (i.e. 3.1%) , subject to the approval of the shareholders.Powered by Capital Market - Live

Net loss of SJVN reported to Rs 127.60 crore in the quarter ended March 2025 as against net profit of Rs 61.08 crore during the previous quarter ended March 2024. Sales rose 4.45% to Rs 504.40 crore in the quarter ended March 2025 as against Rs 482.91 crore during the previous quarter ended March 2024. For the full year,net profit declined 10.07% to Rs 819.66 crore in the year ended March 2025 as against Rs 911.44 crore during the previous year ended March 2024. Sales rose 19.10% to Rs 3072.01 crore in the year ended March 2025 as against Rs 2579.37 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Sales504.40482.91 4 3072.012579.37 19 OPM %47.7646.95 -71.8871.04 - PBDT133.52196.81 -32 1775.091651.83 7 PBT-141.51-45.62 -210 1098.881094.69 0 NP-127.6061.08 PL 819.66911.44 -10 Powered by Capital Market - Live

The Board of Directors of SJVN in its meeting held on 29 May 2025 approved raising of funds through securitisation of partial future unencumbered free cash flow of the Nathpa Jhakri Hydro Power Station (NJHPS) of the Company.Powered by Capital Market - Live

SJVN will hold a meeting of the Board of Directors of the Company on 29 May 2025.Powered by Capital Market - Live

The headline equity indices traded with substantial gains in the mid-morning trade, as buying in blue-chip stocks lifted investor sentiment. The Nifty traded above the 23,250 mark. Consumer durables shares advanced after declining in the past two consecutive trading sessions. At 12:30 IST, the barometer index, the S&P BSE Sensex, jumped 453.71 points or 0.60% to 76,478.36. The Nifty 50 index added 111.40 points or 0.48% to 23,277.10. In the broader market, the S&P BSE Mid-Cap index rose 0.94% and the S&P BSE Small-Cap index added 0.66%. The market breadth was strong. On the BSE, 2,619 shares rose and 1,099 shares fell. A total of 177 shares were unchanged. Economy: India's manufacturing sector growth recovered the ground lost in February, picking up to its highest in eight months as a faster upturn in total sales underpinned a sharper increase in output. March's acceleration came despite a mild slowdown in international order growth. Buoyant demand led companies to tap into their inventories to meet increased client appetite, resulting in the most rapid decline in finished goods stocks since January 2022. Firms aimed to counter declining stock levels by acquiring additional inputs for their production processes at the quickest pace seen in seven months. Meanwhile, a stronger increase in purchase prices contrasted with a softer rise in selling charges. Registering 58.1 in March, the seasonally adjusted HSBC India Manufacturing Purchasing Managers' Index (PMI) was up from 56.3 in February to its highest mark in eight months. The latest reading showed a substantial improvement in the health of the sector that was above its long-run average. Derivatives: The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, shed 0.97% to 13.65. The Nifty 24 April 2025 futures were trading at 23,415.35 at a premium of 138.25 points as compared with the spot at 23,277.10. The Nifty option chain for the 24 April 2025 expiry showed a maximum call OI of 42.6 lakh contracts at the 23,500 strike price. Maximum put OI of 47.7 lakh contracts was seen at 23,500 strike price. Buzzing Index: The Nifty Consumer Durables index jumped 1.41% to 35,251.05. The index fell 2.97% in the past two consecutive trading sessions. Kalyan Jewellers India (up 6.78%), Dixon Technologies (India) (up 2.31%), Titan Company (up 1.93%), Amber Enterprises India (up 1.61%), Whirlpool of India (up 1.53%), Blue Star (up 1.19%), V-Guard Industries (up 0.87%), Century Plyboards (India) (up 0.65%), Bata India (up 0.35%) and Cera Sanitaryware (up 0.33%) advanced. On the other hand, Kajaria Ceramics (down 2.18%), Crompton Greaves Consumer Electricals (down 1.85%) and PG Electroplast (down 0.51%) edged lower. Stocks in Spotlight: SJVN added 1.48% after the company announced that its wholly owned subsidiary, SJVN Green Energy (SGEL), has successfully completed the trial run of 241.77 MW capacity in Phase I of the 1,000 MW Bikaner Solar Power Project. Sandhar Technologies rallied 3.75% after the company said that its wholly-owned subsidiary, Sandhar Ascast, has acquired Sundaram-Clayton's 'high-pressure and low-pressure aluminum die casting' business at its Hosur plant. NMDC rose 0.17%. The company has reported a 26.95% decline in iron ore production in March 2025 to 3.55 million tonnes (MT), compared to 4.86 MT recorded in the same month of the previous year. Powered by Capital Market - Live

According to an exchange filing, SGEL achieved this significant milestone on March 31, 2025. The capacity is now operational and is set to achieve Commercial Operation Date (COD) on 2 April 2025. The Bikaner Solar Power Project, with a total planned capacity of 1,000 MW, is slated for full commissioning by 30 September 2025. Upon completion, SGEL will supply the generated solar power to three states: Rajasthan, Jammu & Kashmir, and Uttarakhand. This project is expected to make a substantial contribution to India's goal of achieving 500 GW of non-fossil fuel capacity by 2030. It also aligns with SJVN's vision of becoming a 25,000 MW company by 2030 and 50,000 MW by 2040. SJVN is principally engaged in electricity generation. The company is also engaged in the business of providing consultancy. The company's consolidated net profit fell 66.2% to Rs 149.03 crore in Q3 FY25 as against Rs 441.14 crore posted in Q2 FY24. Revenue from operations declined 34.6% QoQ to Rs 670.99 crore in the quarter ended 31 December 2024. Powered by Capital Market - Live

SJVN has signed a Memorandum of Understanding (MoU) the Government of Chhattisgarh and Chhattisgarh State Power Generation Company (CSPGCL) for the development of 1800 MW Pumped Storage Project (PSP) at Kotpali in the state of Chhattisgarh. The signing of this MoU marks a significant step in enhancing India's energy security and supporting the transition to a clean and sustainable power sector. Total investment for the project is estimated at Rs 9500 crore, with direct and indirect employment benefits expected for 5000 people during its development phase. The Kotpali PSP is a off stream closed loop type PSP in Balrampur District of Chhattisgarh with an installed capacity of 1800 MW designed to generate energy around 3967 MU.Powered by Capital Market - Live

Total investment for the project is estimated at Rs 9,500 crore, with direct and indirect employment benefits expected for 5,000 people during its development phase. The Kotpali PSP is a off-stream closed-loop type PSP in Balrampur district of Chhattisgarh with an installed capacity of 1800 MW, designed to generate energy around 3967 MU. SJVN is principally engaged in electricity generation. The company is also engaged in the business of providing consultancy. The company's consolidated net profit fell 66.2% to Rs 149.03 crore in Q3 FY25 as against Rs 441.14 crore posted in Q2 FY24. Revenue from operations declined 34.6% QoQ to Rs 670.99 crore in the quarter ended 31 December 2024. The counter declined 1.67% to Rs 86.30 on the BSE. Powered by Capital Market - Live