SJVN Limited, a Navratna Central Public Sector Enterprise, reported standalone revenue from operations of ₹1,416.99 crore and standalone net profit of ₹736.73 crore for the second quarter of FY27, ended September 30, 2026. The company’s consolidated net profit stood at ₹657.72 crore during the quarter.
The unaudited financial and operational results were approved by SJVN’s Board of Directors at a meeting held on October 30, 2026, in New Delhi.
SJVN Records Higher Quarterly Revenue
SJVN’s standalone revenue from operations increased from ₹942.03 crore in the corresponding quarter of the previous financial year to ₹1,416.99 crore in Q2 FY27.
The company’s financial performance was partly supported by regulatory developments concerning its hydroelectric assets. The Central Electricity Regulatory Commission (CERC) granted provisional tariff approvals for the Nathpa Jhakri and Rampur Hydro Power Stations, including adjustments relating to previous periods.
Renewable Energy Projects Drive Portfolio Expansion
SJVN continues to expand its renewable energy portfolio through investments in solar, wind and other clean energy segments. Its renewable energy development activities are primarily undertaken through its subsidiary, SJVN Green Energy Limited (SGEL), which is implementing projects across multiple states.
SGEL is also expanding its operations through joint ventures and subsidiaries, including SGEL Assam Renewable Energy Limited, as part of its renewable energy development initiatives.
Etalin Hydropower Project Classified as Held for Sale
During the reporting period, SJVN classified the assets and liabilities associated with the 3,097 MW Etalin Hydro Electric Project under the category of ‘Disposal Group Held for Sale’. The classification follows the Ministry of Power’s decision to reassign the project to NHPC Limited.
SJVN continues construction and infrastructure development across its ongoing hydropower and renewable energy projects. The company is managing capital expenditure, borrowings and debt-equity requirements while maintaining engagement with regulatory authorities and state governments.
The company is also continuing discussions with the Himachal Pradesh government regarding project implementation agreements.
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