Jaiprakash Power Ventures (PPOWER) Q2 24/25 earnings summary

Executive summary

• Unaudited standalone and consolidated financial results for the quarter and half year ended 30th September 2024 were reviewed and approved by the Board on 26th October 2024.

• The results include segment-wise performance, cash flows, and detailed notes on significant legal and regulatory matters.

Financial highlights

• Consolidated revenue from operations for H1 FY25 was ₹2,98,111 lakhs, with total income at ₹3,08,425 lakhs.

• Net profit after tax for H1 FY25 stood at ₹53,120 lakhs, up from ₹26,031 lakhs in H1 FY24.

• EBITDA for H1 FY25 was ₹1,27,936 lakhs, compared to ₹94,848 lakhs in H1 FY24.

• Earnings per share (basic and diluted) for H1 FY25 was ₹0.60, up from ₹0.24 in H1 FY24.

• Cash and cash equivalents increased to ₹18,234 lakhs as of 30th September 2024.

Outlook and guidance

• Management expects higher power generation in the first half of the year due to seasonal water availability at Vishnuprayag Hydro Electric Plant.

• Revenue recognition for key power plants is based on provisional or multi-year tariffs, subject to final assessment.