Particle.news
Download on the App Store

SJVN Q3 Profit Rises Sharply; Board Declares ₹1.15 Dividend, Clears Up to ₹1,000 Crore NCD Issue

Shares advanced after results despite differing figures across standalone versus consolidated reporting.

Overview

  • On a standalone basis, Q3 FY26 net profit was ₹251.71 crore, up 81% year on year, with revenue from operations at ₹846.13 crore, up 35%.
  • On a consolidated perspective, net profit was reported at about ₹224.3–₹224.4 crore, roughly 51% higher year on year, with revenue at ₹1,082 crore and total income at ₹1,124.47 crore.
  • Operating performance strengthened as EBITDA rose 57% to ₹738 crore in Q3, with an EBITDA margin of 68.2%.
  • Quarter on quarter, profit and revenue moderated from Q2 levels, reflecting seasonal hydro-generation patterns and regulatory and expense movements noted in the standalone filing.
  • The board set an interim dividend of ₹1.15 per share with a February 20 record date and approved up to ₹1,000 crore in unsecured NCDs; the stock gained as much as 7.8% intraday and closed up 6.17% at ₹77.29.