SJVN (SJVN) Q1 26/27 earnings summary

Executive summary

• Unaudited standalone and consolidated financial results for the quarter ended 30 June 2026 were reviewed and approved by the Board and Audit Committee, with a limited review by statutory auditors.

• No deviations or variations in the use of proceeds from listed non-convertible debentures; all covenants for listed debt securities complied with.

Financial highlights

• Standalone revenue from operations for Q1 FY27 was ₹758.83 crore, down from ₹822.44 crore in Q1 FY26; consolidated revenue was ₹1,394.38 crore, up from ₹917.45 crore year-over-year.

• Standalone net profit for the quarter was ₹246.88 crore (Q1 FY26: ₹258.51 crore); consolidated net profit was ₹224.74 crore (Q1 FY26: ₹227.58 crore).

• Standalone EPS (including regulatory deferral): ₹0.63; consolidated EPS: ₹0.57.

• Standalone operating margin: 68.19%; consolidated operating margin: 48.17%.

Outlook and guidance

• Financial results may vary quarter to quarter due to the seasonal nature of the business.

• Management expects the hold on the Devasari Hydro Electric Project to be withdrawn and is pursuing resumption with authorities.