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SJVN Q1 outcomes: Web revenue rises almost 13% to Rs 342 cr

New Delhi, State-run Ltd on Saturday posted almost 13 per cent rise in its consolidated internet revenue at Rs 342.13 crore within the June quarter primarily on the again of upper revenues. The consolidated internet revenue of the corporate was Rs 303.90 crore within the quarter ended on June 30, 2020, a BSE submitting stated.

Complete earnings rose to Rs 704.90 crore within the quarter from Rs 714.19 crore in the identical interval a yr in the past.

SJVN Chairman and Managing Director Nand Lal Sharma stated that the corporate’s networth has jumped to Rs 13,100.97 crore on the finish of 1st quarter of 2021-22 as in comparison with Rs 12,332.85 crore within the corresponding interval of the earlier yr, which is a superb feat contemplating the current world financial turmoil attributable to pandemic scenario.

Throughout the quarter, SJVN had upped its incomes per share, registering a rise of 11.69 per cent as in comparison with the primary quarter of the earlier fiscal yr.

Equally, the corporate has accounted for a rise of 6.25 per cent within the Guide Worth as in comparison with the first quarter of the earlier yr.

Sharma additionally stated that SJVN has bagged 200 MW Grid linked photo voltaic PV energy undertaking in Bihar by way of open aggressive tariff bidding course of for quoted capability of 200 MW on the price of Rs 3.11 /Unit on Construct Personal and Function (BOO) foundation throughout e-reverse public sale.

SJVN has additionally set all-time document of energy technology from all its producing models together with renewable tasks within the month of July 2021 with 1,580 MU ( million models), surpassing the earlier document of 1563 MU in July 2020.

Presently, SJVN has a portfolio of greater than 9,000 MW and is executing 27 tasks in hydro, thermal, photo voltaic and wind sector in India, Nepal & Bhutan. Of those tasks, six are below operation, eight are below building and 13 tasks are below survey & investigation.

The corporate has chartered a blueprint of its journey which is manifested in its ‘Shared Imaginative and prescient’ i.e 5,000 MW by 2023, 12,000 MW by 2030 and 25,000 MW by 2040.

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