declined 4.49 per cent to ₹97.57 on Friday following the state-owned power company’s announcement of a ₹127.7 crore net loss for the fourth quarter ended March 31, 2025, on Thursday. The stock fell from its previous close of ₹102.16, touching a low of ₹97.17 during trading.
The company swung to a loss from a ₹61 crore profit in the corresponding quarter of the previous fiscal year, marking a significant deterioration in profitability despite revenue growth. SJVN’s revenue from operations increased 4.5 per cent to ₹504.4 crore compared to ₹482.9 crore in the year-ago period.
Operating performance remained largely flat, with EBITDA rising marginally by 0.4 per cent to ₹240.8 crore from ₹239.8 crore in the previous year’s fourth quarter. However, EBITDA margin compressed to 47.75 per cent from 49.6 per cent in the corresponding period last year.
Despite the quarterly loss, SJVN’s board recommended a final dividend of ₹0.31 per equity share for fiscal 2024-25, subject to shareholder approval at the upcoming Annual General Meeting.
The mixed earnings results, combining revenue growth with substantial losses, appear to have dampened investor sentiment, with shares trading in negative territory throughout the session. The company’s ability to return to profitability while maintaining dividend payments will likely remain a key focus for investors going forward.