SJVN is in the limelight today, basking in the glory of its earnings for Q1FY25.

The company posted a 31% (YoY) increase in consolidated net profit at Rs.357 crore and this was on a 29% rise in total income of Rs.958 crore.

EBITDA for the quarter was up 33% at Rs.667 crore while margins went up from 74.5% to 76.7%.

The market is enthused about the company planning to go ahead with monetization through securitization of partial future revenue / Return on Equity (RoE) of its Nathpa Jhakri Hydro Power Station.

The Board has also given the company its approval for dilution of stake in its wholly-owned subsidiary, SJVN Green Energy Ltd., subject to approval from the Disinvestment department (DIPAM) and the Ministry of Power.

The company’s installed capacity increased by 14% during the quarter, while gross power generated increased by 56.3% from last year to 3,292 million KWh.

The stock price has reacted positively; the stock rose 9% to hit an intraday high at Rs.148.85 and is currently trading at Rs.145 levels. Its 52-week high is at Rs.170.45.