Archive · 10 Nov 2025
SJVN Q2 Net Profit Declines 30% Amidst Fundraising Plans
SJVN Ltd, a company, recently shared its financial results for the months of July, August, and September.
They made less profit during this time compared to the same period last year; their profit went down by about 30%.
This means they earned less money overall.
The company also said they plan to get more money, up to 1,000 crore rupees.
They plan to do this by using the future earnings from one of their big hydroelectric power projects, called Nathpa Jhakri.
This is part of a government plan to use assets to make money.
They also hired a new Chief Financial Officer, who used to work for another company.
SJVN Ltd reported a 30% year-on-year decline in net profit for the September quarter, reaching ₹307.80 crore.
The company's total income for the quarter was ₹1,078.29 crore, down from ₹1,108.43 crore in the previous year.
Total expenses increased to ₹658.47 crore during the September quarter, compared to the same period last year.
SJVN's board approved raising funds up to ₹1,000 crore through securitization of future revenue/ROE from the Nathpa Jhakri Hydro Electric Project.
The company also approved the appointment of Sipan Kumar Garg as its new Chief Financial Officer.
- Who
- SJVN Ltd
- What
- Reported a 30% year-on-year decrease in consolidated net profit for the September quarter and announced plans to raise up to ₹1,000 crore.
- When
- Monday, November 10, 2025 (published date); September quarter results.
- Where
- India (implied by company and project location)
- Why
- The decrease in net profit is attributed to various factors including changes in income and expenses, while fundraising is for monetizing future revenue/ROE of the Nathpa Jhakri Hydro Electric Project.
- Company
- SJVN Ltd
- Reporting Period
- September Quarter (Q2) of FY25
- Net Profit (Q2 FY25)
- ₹307.80 crore
- Net Profit (Q2 FY24)
- ₹439.90 crore
- Total Income (Q2 FY25)
- ₹1,078.29 crore
- Total Expenses (Q2 FY25)
- ₹658.47 crore
- Fundraising Plan
- Up to ₹1,000 crore