SJVN Q2 Consolidated Profit Rises About 114% to Rs 657.72 Crore

SJVN Ltd reported a consolidated net profit of Rs 657.72 crore for the second quarter of FY27, the quarter ended September 30, 2026, up about 114% from about Rs 308 crore a year earlier. The company's board approved the results on October 30, 2026.

Consolidated revenue from operations was Rs 2,244.32 crore, up about 117% from Rs 1,032.40 crore a year earlier. On a standalone basis, SJVN's net profit was Rs 736.73 crore, up about 98% from Rs 372.28 crore in the same quarter last year.

SJVN Q2 FY27 at a glance

What lifted SJVN's revenue in the September quarter

SJVN's results for the quarter include Rs 242.59 crore of revenue for earlier periods, booked after a provisional tariff order for the Nathpa Jhakri Hydro Power Station. This amount is part of the revenue from operations reported for the quarter.

SJVN is a joint venture of the Government of India and the Government of Himachal Pradesh. Its year-ago quarter was weaker: when it reported Q2 FY26 results in November 2025, consolidated profit was about Rs 308 crore, down about 30% from Rs 439.90 crore a year before that.

SJVN's board approves merging SJVN Thermal into the parent

Along with the results, SJVN's board approved the merger of its wholly owned subsidiary, SJVN Thermal Private Limited, into SJVN. The merger remains subject to government, statutory and regulatory approvals.

Where SJVN stands after its Q2 FY27 results

For the quarter ended September 30, 2026, SJVN reported a consolidated net profit of Rs 657.72 crore on consolidated revenue from operations of Rs 2,244.32 crore. Its standalone net profit for the quarter was Rs 736.73 crore. The board has approved the merger of SJVN Thermal Private Limited into SJVN, which still needs government, statutory and regulatory approvals.

More news

• JSW Energy Q2 Profit Rises 38% to Rs 1,141 Crore
• GAIL Q2 Standalone Profit More Than Doubles to About Rs 4,650 Crore
• Indian Oil Q2 Standalone Profit Jumps About 184% to Rs 21,630 Crore