SJVN Q4 results, net consolidated profit stood at Rs 61 crore

State-owned SJVN has reported over surge in consolidated net profit to Rs 61.08 crore during the March quarter, with incredible exceptional gains. The company reported a consolidated net profit of Rs 17.21 crore in the year-ago period, as per company filing.

However, the total income of the company slipped to Rs 573.23 crore in the quarter from Rs 582.78 crore in the corresponding previous year. The financial results of the company showed an exception gains of Rs 103.84 crore during the quarter.

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"The board of the firm recommended a final dividend of Rs 0.65 per equity share in the last fiscal. 

“We would like to inform that the Board of Directors in the aforesaid meeting have recommended a final dividend of Rs 0.65/- per equity share for the Financial Year 2023-24 subject to the approval of shareholders in the ensuing Annual General Meeting. The final dividend is in addition to the interim dividend of Rs 1.15/- per equity share for the Financial Year 2023-24 declared in February 2024,” said SJVN"

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