Jaiprakash Power Ventures (PPOWER) Q4 24/25 earnings summary

Executive summary

• Audited standalone and consolidated financial results for the quarter and year ended 31 March 2025 were approved, with statutory auditors issuing qualified opinions due to unresolved contingent liabilities and non-provisioning for certain advances and guarantees.

Financial highlights

• Consolidated revenue from operations for FY25 was ₹5,46,219 lakhs, down from ₹6,76,278 lakhs in FY24; total income was ₹5,70,755 lakhs.

• Net profit after tax (consolidated) for FY25 was ₹81,355 lakhs, compared to ₹1,02,195 lakhs in FY24.

• Earnings per share (EPS) for FY25 stood at ₹0.89 (consolidated).

• Total assets as of 31 March 2025 were ₹17,78,560 lakhs (consolidated).

• Net cash from operating activities was ₹1,71,428 lakhs (consolidated), with a year-end cash balance of ₹89,254 lakhs.

Outlook and guidance

• Revenue recognition for key power plants is based on provisional or multi-year tariffs, subject to future true-up and regulatory assessment.

• Management expects no material impact from ongoing legal and regulatory matters, based on legal opinions and current status.