SJVN Q3 net profit declines 21% to Rs 212 cr

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Press Trust of India New Delhi
Last Updated : Feb 04 2016 | 4:22 PM IST
State-run SJVN Ltd today reported 21.6 per cent decline in standalone net profit at Rs 211.60 crore for the December quarter on account of lower sales.
The company had posted a net profit of Rs 270.06 crore in the year-ago period, it said in a BSE filing.
Net sales declined to Rs 482.02 crore as against Rs 546.79 crore in the year-ago period.
In a separate filing, the company said that its board has declared interim dividend of Rs 0.63 per equity share (face value of Rs 10 each) for 2015-16.
In another filing, the company said that it has fixed February 17, 2016, as the record date for the purpose of payment of interim dividend.
"The dividend shall be paid/dispatched on February 24, 2016," it said.
SJVN Ltd is a joint venture between the Centre and the government of Himachal Pradesh.
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First Published: Feb 04 2016 | 4:22 PM IST

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