SJVN reports Q2 FY2026 results, secures new funding, appoints CFO

SJVN's Board of Directors approved standalone and consolidated financial results for Q2 FY2026. The company reported standalone total income of ₹1,032.68 crore and consolidated total income of ₹1,078.29 crore for the quarter. Standalone net profit after tax for the period was ₹372.28 crore, while consolidated net profit after tax was ₹307.80 crore.

SJVN confirmed the utilization of proceeds from its NCD-2026 issuance of ₹1,000 Crores, which has been fully utilized as of September 30, 2025. The company also provided a security cover certificate for its listed debt securities. Furthermore, SJVN plans to raise up to ₹1,000 Crores through the securitization of future revenue/return on equity from the Natpha Jhakri Hydro Electric Project (1,500 MW) for FY2025-26 targets.

The board also announced the appointment of Sipan Kumar Garg as the chief financial officer. Garg brings over 23 years of experience in finance, accounts, taxation, and commercial aspects within the power sector.