SJVNL Q1 profit up 25.53 percent
New Delhi. With an increase in installed capacity, Satluj Jal Vidyut Nigam Ltd. (SJVNL) has recorded a 24.53 percent increase in net income during the first quarter of this fiscal, it was announced here on Thursday.
The net income increased to Rs.920.35 crore from Rs.739.08 crore earned during the corresponding quarter in the last financial year.
While the company’s profit after tax increased 14.17 percent from Rs.424.29 crore to Rs.484.43 crore, the profit before tax grew 15.12 percent from Rs.516.37 crore to Rs.594.47 crore, the company said in a statement.
The SJVNL has already diversified in the field of wind power, thermal power and power transmission. It is presently generating 2,000 MW of electricity.
Join PSU Connect on WhatsApp now for quick updates! Whatsapp Channel
