State-owned hydropower company SJVN Ltd. has announced a final dividend for the financial year 2024-25 (FY25), following the declaration of its Q4 results.
In a stock exchange filing on Thursday, the company said that its Board of Directors, at the meeting convened to consider and approve the results for the quarter and full financial year ended March 2025, declared a final dividend for the FY25.
SJVN Final Dividend 2025: Amount
The hydroelectric power generation and distribution company informed the stock exchanges that its Board of Directors, in the meeting held on May 29, recommended a final dividend of Rs 0.31 per equity share.
“This is in addition to the interim dividend of Rs 1.15 per share declared in February 2025,” the company said.
SJVN Final Dividend 2025: Payment Date
The company has confirmed that a dividend will be paid to its shareholders, however, it has yet to confirm the record date. The record date is the cut-off date set by a company to determine which shareholders are eligible to receive a declared dividend.
Investors who wish to receive the dividend will need to own the shares of SJVN before this cut-off date to ensure that their names appear in the company's records by the record date.
SJVN Board Meeting: Other Announcements
In addition to declaring the Q4FY25 results and dividend, SJVN also shared other financial updates related to the company. It said that its Non-Convertible Debentures (NCDs) amounting to Rs 1,000 crores, received in 2021, have been utilised to a large extent.
“We hereby certify that SJVN Limited has issued NCD for a total face value of Rs 1,000 Crores and received funds on Sept. 29, 2021, from the issue and the same has already been parked with different banks as fixed deposit," the company said.
Further, it is also informed that proceeds of NCD amounting to Rs 923.9 crore have been utilised till March 31, 2025.
The remaining balance is yet to be deployed, it said.
SJVN Q4FY25
In Q4FY25, SJVN reported revenue from operations of Rs 504 crore, up 4.5%, compared to Rs 483 crore in Q4FY25. During the quarter, the company reported a net loss of Rs 127.6 crore in the March quarter, against a profit of Rs 61 crore in the year-ago period. However, the EBITDA increased by 0.4% to Rs 241 crore from Rs 240 crore a year ago. On the other hand, the EBITDA margin declined to 47.8% compared to 49.7% in the same period last year.
SJVN Share Price
SJVN shares opened nearly 4% lower at Rs 98.1 apiece on the NSE on Friday. However, the PSU stock recovered some of its early losses to trade 2.35% lower at Rs 99.76 apiece on the NSE at 9:24 a.m., compared to the benchmark Nifty 50 trading flat at 24,858.85, up 0.1%.
The shares of SJVN hit a 52-week high of Rs 159.65 on July 26, 2024, and a 52-week low of Rs 80.54 on March 3, 2025.
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