SJVN Ltd's Profit Jumps 51%, Announces Dividend & Fundraise; Stock Surges

• SJVN Ltd reported a 50.6% year-on-year increase in net profit to ₹224.4 crore in Q3.
• Revenue surged by 61.3% to ₹1,082 crore, while EBITDA rose 57% to ₹738 crore.
• The company declared an interim dividend of ₹1.15 per equity share for FY25-26.
• SJVN's stock climbed over 5% after the results and dividend announcement.
• The company plans to raise up to ₹1,000 crore via private placement of non-convertible debentures.