Jaiprakash Power Ventures Limited has released its audited financial results for the quarter and financial year ended March 31, 2026. The company reported annual consolidated revenue from operations of ₹5,56,346 lakhs and a net profit of ₹45,063 lakhs for the fiscal year. The Board has also announced significant management changes, including the appointment of new auditors and the induction of three independent directors to the company’s Board.
Financial Performance Overview
For the fiscal year ended March 31, 2026, Jaiprakash Power Ventures recorded a consolidated annual revenue of ₹5,56,346 lakhs, compared to ₹5,46,219 lakhs in the previous year. The consolidated net profit after tax stood at ₹45,063 lakhs, slightly lower than the ₹81,355 lakhs reported in the 2024-25 fiscal year. For the final quarter (Q4) ending March 31, 2026, the company reported revenue of ₹1,38,643 lakhs.
Strategic Appointments and Governance
The company announced key shifts in its administrative and governance structure. M/s. BDO India Services Private Limited has been appointed as the new Internal Auditor, replacing M/s. R. Nagpal Associates. Furthermore, the Board of Directors has recommended the appointment of three new Independent Directors, subject to shareholder approval: Smt. Shruti Anup Shah, Shri Jayant Misra, and Shri Mukesh M. Shah, with staggered effective dates starting from July 2026.
Operational and Business Developments
The company continues to navigate various legal and regulatory matters, including ongoing disputes regarding power purchase agreements and corporate guarantees. Management remains focused on long-term business projections, particularly within the energy sector, and is actively engaging with legal and financial experts to resolve pending show-cause notices and arbitral disputes. The Board has reaffirmed its commitment to prudent financial management and is actively working on strengthening internal controls through automation to ensure long-term stability.
Source: BSE
