SJVN Q4 Results Live : profit falls by 49.82% YOY

SJVN Q4 Results Live : SJVN, the company based in India, announced its Q4 results on 29 May, 2024, revealing a 4.14% decrease in revenue and a significant 49.82% decline in profit Year-over-Year (YoY).

In comparison to the previous quarter, SJVN experienced a notable 11.12% drop in revenue and a 42.95% decrease in profit.

The Selling, general & administrative expenses for SJVN surged by 51.08% quarter-over-quarter (QoQ) and rose by 63.57% Year-over-Year (YoY).

Operating income took a hit as well, plummeting by 56.3% QoQ and decreasing by 52.16% YoY.

The Earnings Per Share (EPS) for Q4 stands at ₹-0.02, marking a steep 126.64% decline YoY.

Despite the financial challenges, SJVN has managed to deliver a 65.52% return in the last 6 months, with a YTD return of 53.6%.

Currently, SJVN boasts a market capitalization of ₹54899.24 Cr, with its 52-week high at ₹170.5 and 52-week low at ₹35.5.

Analysts covering SJVN have varying opinions, with 1 analyst suggesting a Strong Sell, 2 analysts recommending a Sell, and 2 analysts advocating for a Strong Buy as of 30 May, 2024.