The Board of Directors of Jaiprakash Power Ventures Limited, at their 156th meeting held on May 4, 2026, approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The board also announced the appointment of M/s. BDO India Services Private Limited as the new Internal Auditor for the 2026-27 fiscal year and recommended the appointment of three new Independent Directors starting in late 2026. The statutory auditors issued a modified opinion on these results, accompanied by a statement on the impact of audit qualifications.

Jaiprakash Power Ventures Limited (JPVL), a member of the Jaypee Group, operates in the Indian power sector with a portfolio that includes thermal and hydroelectric power plants, such as the Vishnuprayag Hydro Electric Plant, Jaypee Bina Thermal Power Plant, and Jaypee Nigrie Super Thermal Power Plant. The company’s operations also extend to coal mining and cement grinding.

The company reported a standalone revenue from operations of ₹1,36,643 Lakhs for the quarter ended March 31, 2026, representing an 18.25% increase from the previous quarter (Q3 FY26) and a 1.90% increase compared to the same quarter last year (Q4 FY25). However, the company recorded a net loss after tax of ₹2,335 Lakhs for the current quarter, a significant decline from the profit of ₹489 Lakhs in the previous quarter and ₹15,549 Lakhs in the corresponding quarter of the previous year. This downturn resulted in a negative Earnings Per Share (EPS) of ₹(0.0262) for the quarter.