PSU NEWS
SJVN net up 44 per cent at Rs 423 crore in June quarter
New Delhi: SJVN posted 43.54 per cent jump in consolidated net profit at Rs 422.51 crore for June quarter 2019 as compared to the year-ago period on the back of higher revenues. The company's net profit was Rs 294.35 crore in the June quarter of 2018-19, a BSE filing said.
Total income rose to Rs 815.06 crore during the latest June quarter from Rs 650.50 crore a year ago. Gross power generation in the quarter under review rose to 3,200.57 million units from 2,404.92 million units a year ago.
The company is primarily engaged in generation and sale of power.Operations of the company are mainly carried out within the country. The company said during the quarter under review, remaining 6 WEGs (wind energy generators) of 2 MW each of Sadla Wind Power Project (Gujarat), were commissioned. There are a total of 25 WEGs.
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