Back

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

SJVN's board approved its Q2 FY27 results on October 30, 2026, along with a merger of SJVN Thermal.

SJVN results: a hydropower dam with water flowing through its gates behind the SJVN logo

Key Takeaways

  • SJVN's consolidated net profit was Rs 657.72 crore in Q2 FY27, up about 114%.
  • Consolidated revenue from operations was Rs 2,244.32 crore, up about 117%.
  • Standalone net profit was Rs 736.73 crore, up about 98% from Rs 372.28 crore.
  • The results include Rs 242.59 crore of earlier-period revenue from a provisional tariff order.
  • The board approved merging SJVN Thermal Private Limited into SJVN, subject to approvals.
Table of Contents 5 sections
  1. SJVN Q2 FY27 at a glance
  2. What lifted SJVN's revenue in the September quarter
  3. SJVN's board approves merging SJVN Thermal into the parent
  4. Where SJVN stands after its Q2 FY27 results
  5. FAQs

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

DetailValue
QuarterJuly to September 2026 (Q2 FY27)
Consolidated net profitRs 657.72 crore, up about 114% from about Rs 308 crore
Consolidated revenue from operationsRs 2,244.32 crore, up about 117% from Rs 1,032.40 crore
Consolidated total incomeRs 2,290.31 crore, up about 112% from Rs 1,078.29 crore
Standalone net profitRs 736.73 crore, up about 98% from Rs 372.28 crore
Standalone total incomeRs 1,526.85 crore
Board approval of resultsOctober 30, 2026

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.

WhenWhat happened
November 2025SJVN reported Q2 FY26 consolidated net profit of about Rs 308 crore, down about 30% from Rs 439.90 crore
October 30, 2026SJVN's board approved Q2 FY27 results with consolidated net profit of Rs 657.72 crore

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

Join Us Add as preferred source
Share

Frequently Asked Questions

How much profit did SJVN report in Q2 FY27?

SJVN reported a consolidated net profit of Rs 657.72 crore and a standalone net profit of Rs 736.73 crore for the quarter ended September 30, 2026.

What is SJVN?

SJVN Ltd is a power company that is a joint venture of the Government of India and the Government of Himachal Pradesh.

How much did SJVN's consolidated profit grow?

SJVN's consolidated net profit rose about 114% to Rs 657.72 crore from about Rs 308 crore a year earlier.

How much did SJVN's standalone profit grow?

SJVN's standalone net profit rose about 98% to Rs 736.73 crore from Rs 372.28 crore in the same quarter last year.

How much revenue did SJVN report in Q2 FY27?

SJVN's consolidated revenue from operations was Rs 2,244.32 crore, up about 117% from Rs 1,032.40 crore a year earlier.

What was SJVN's consolidated total income in Q2 FY27?

SJVN's consolidated total income was Rs 2,290.31 crore, up about 112% from Rs 1,078.29 crore a year earlier.

When did SJVN's board approve the Q2 FY27 results?

SJVN's board approved the Q2 FY27 results on October 30, 2026.

Which quarter do SJVN's latest results cover?

SJVN's latest results cover the second quarter of FY27, the quarter ended September 30, 2026.

How much earlier-period revenue is in SJVN's Q2 FY27 results?

SJVN's results include Rs 242.59 crore of revenue for earlier periods, booked after a provisional tariff order for the Nathpa Jhakri Hydro Power Station.

What merger did SJVN's board approve?

SJVN's board approved the merger of its wholly owned subsidiary, SJVN Thermal Private Limited, into SJVN.

How does the SJVN Thermal merger move forward?

The SJVN Thermal merger remains subject to government, statutory and regulatory approvals.

How does SJVN's Q2 FY27 profit compare with Q2 FY26?

SJVN's consolidated profit of Rs 657.72 crore compares with about Rs 308 crore in Q2 FY26, when profit had fallen about 30% from Rs 439.90 crore.

More in Business