Live Update: SJVN Q4 Results Show 49.82% Year-Over-Year Profit Decline


Financial Performance Analysis of SJVN for Q4 2024

SJVN, a prominent company based in India, recently announced its Q4 results for the fiscal year 2024. The results revealed a 4.14% decrease in revenue and a significant 49.82% decline in profit Year-over-Year (YoY). This news comes as a surprise to many, as SJVN experienced a notable 11.12% drop in revenue and a 42.95% decrease in profit compared to the previous quarter.

One of the key factors contributing to this decline is the surge in Selling, general & administrative expenses, which rose by 51.08% quarter-over-quarter (QoQ) and 63.57% Year-over-Year (YoY). Additionally, the operating income took a hit, plummeting by 56.3% QoQ and decreasing by 52.16% YoY. The Earnings Per Share (EPS) for Q4 also saw a steep decline of 126.64% YoY, standing at ₹-0.02.

Despite these financial challenges, SJVN has managed to deliver a 65.52% return in the last 6 months, with a Year-to-Date (YTD) return of 53.6%. The company currently boasts a market capitalization of ₹54899.24 Cr, with its 52-week high at ₹170.5 and 52-week low at ₹35.5.

Analysts covering SJVN have varying opinions, with 1 analyst suggesting a Strong Sell, 2 analysts recommending a Sell, and 2 analysts advocating for a Strong Buy as of 30 May, 2024. This diversity in opinions reflects the uncertainty surrounding SJVN’s future performance.

Investors and stakeholders are advised to stay updated on quarterly results with the company’s results calendar to make informed decisions. The fluctuating financials of SJVN highlight the importance of monitoring market trends and company performance closely.

Hot this week

Related Articles

Popular Categories