Jaiprakash Power Ventures (PPOWER) Q4 25/26 earnings summary

Executive summary

• Audited standalone and consolidated financial results for the quarter and year ended 31 March 2026 were approved, with audit reports carrying modified opinions due to several unresolved matters and qualifications.

• Appointment of BDO India Services Private Limited as Internal Auditor and three new Independent Directors, subject to shareholder approval.

Financial highlights

• Consolidated revenue from operations for FY26 was ₹5,56,346 lakhs, up from ₹5,46,219 lakhs year-over-year.

• Consolidated net profit after tax for FY26 was ₹45,063 lakhs, down from ₹81,355 lakhs in FY25.

• Earnings per share (EPS) for FY26 was ₹0.49 (consolidated), compared to ₹0.89 in FY25.

• Total assets as of 31 March 2026 stood at ₹17,95,764 lakhs (consolidated).

• Net cash from operating activities for FY26 was ₹1,30,099 lakhs (consolidated), with a net decrease in cash and cash equivalents of ₹13,759 lakhs.

Outlook and guidance

• Management continues to recognize and carry forward MAT Credit Entitlement of ₹26,596 lakhs, confident in its recoverability based on long-term business projections and sector developments.

• The company is monitoring regulatory changes, including new labour codes and Supreme Court rulings on mineral rights, for future financial impact.