New Delhi State run SJVN Ltd has reported a net loss of 12772 crore in the fourth quarter of the financial year 2023 24 mainly due to an increase in expenses This compares to a net profit of 6108 crore recorded in the same period of the previous year

As per the companys exchange filing total income for the January to March quarter declined to 54884 crore from 57323 crore in the corresponding quarter of the previous fiscal year

Despite the quarterly loss the board of directors has recommended a final dividend of 031 per equity share for the financial year 2024 25 This dividend is subject to approval by shareholders in the upcoming Annual General Meeting

This final dividend comes in addition to the interim dividend of 115 per equity share declared in February 2025 for the same fiscal year Both dividends will be paid within the statutory period as required under the Companies Act 2013