Hydro power producer, SJVN posted a marginal decline in profit to INR 189.63 crore for the three months ended December 2011.

In the year ago period, the entity registered a profit of INR 191.50 crore, according to a regulatory filing.

SJVN’s net sales from operations fell to INR 368.25 crore in the third quarter of the current fiscal from INR 396.41 crore in the same period a year ago.

The company noted that as the generation of hydroelectric power is dependent on the flow of water, which varies during various periods of the year, the results for the quarter may not be comparable with forthcoming quarters.

(Sourced from PTI)