Q1FY21 results: SJVN net profit falls by 27.91 per cent YoY to Rs 303.9 crore

SJVN Limited, primarily engaged in the business of generation and sale of power, announced its quarterly results on August 28, 2020. The company posted a consolidated net profit of Rs 303.9 crore for Q1FY21, which declined by 27.91 per cent YoY, as compared to Q1FY20 when it reported Rs 421.56 crore.                                                                                                                                                           

The consolidated net sales reported in Q1FY21 came in at Rs 673.72 crore, which declined by 5.44 per cent YoY from Rs 712.49 crore in Q1FY20. At EBITDA level, the company stood at Rs 516.65 crore in Q1FY21 that decreased by 8.64 per cent YoY. For Q1FY20, it posted an EBITDA of Rs 565.49 crore.                                                                                                                                                               

EBITDA margin as of Q1FY21 was at 76.69 per cent that declined by 2.68 per cent YoY. The net profit margin in Q1FY21 came in at 45.11 per cent, which declined by 14.06 per cent YoY. The net profit margin in Q1FY20 was at 59.17 per cent.

The share closed 4.06 per cent down at Rs 24.8 in today’s session on BSE. The share recorded a 52 week high of Rs 27.3 and a 52 week low of Rs 17.15 on BSE.