Reliance Power Swings to Consolidated Profit in Fiscal Q3

MT Newswires Live
02-06

Reliance Power (NSE:RPOWER, BOM:532939) reported attributable consolidated net profit of 386.4 million Indian rupees in the fiscal third quarter, swinging from a net loss of 11.37 billion rupees a year earlier, according to a Wednesday filing with the Indian exchanges by the power company.

Revenue per share during the quarter ended Dec. 31, 2024, stood at 0.097 rupees, compared with a loss per share of 2.983 rupees.

Revenue from operations in fiscal Q3 dropped to 18.5 billion rupees from 19.4 billion rupees a year earlier.

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