Anil Ambani-led Reliance Power on Saturday reported a consolidated net profit of Rs 44.68 crore for the first quarter ended June 2025, a turnaround from a loss of Rs 97.85 crore in the corresponding quarter of last year.
Reliance Power said its revenue from operations fell 5.3% year-on-year to Rs 1,885.58 crore, down from Rs 1,992.23 crore in the first quarter of FY25. On a sequential basis, revenue declined 4.7% from Rs 1,978.01 crore reported in the March 2025 quarter.
Total income in Q1 FY26 stood at Rs 2,025 crore, reflecting a 2% decline from Rs 2,069 crore a year earlier.
Despite the year-on-year profit recovery, net profit dropped 64% quarter-on-quarter, compared to a profit of Rs 125.57 crore in the March quarter.
The company reported EBITDA of Rs 565 crore for the quarter, while total debt servicing stood at Rs 584 crore. Reliance Power highlighted that its debt-to-equity ratio remains among the lowest in the industry.
Last week, the company’s board approved a fundraising plan worth Rs 6,000 crore through Qualified Institutions Placement (QIP) and other modes. It also cleared the issuance of secured or unsecured, redeemable, non-convertible debentures of up to Rs 3,000 crore, in one or more tranches, via private placement or other means.
Also read | RBL Bank Q1 Results: Net profit falls 46% YoY to Rs 200 crore; NII down 13%
Shares of Reliance Power have gained 43.4% so far in 2025. The stock is up 129.5% over the past 12 months and has rallied 52.3% in the last six months. However, it is down 4% over the past one month.
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)
Reliance Power said its revenue from operations fell 5.3% year-on-year to Rs 1,885.58 crore, down from Rs 1,992.23 crore in the first quarter of FY25. On a sequential basis, revenue declined 4.7% from Rs 1,978.01 crore reported in the March 2025 quarter.
Total income in Q1 FY26 stood at Rs 2,025 crore, reflecting a 2% decline from Rs 2,069 crore a year earlier.
Despite the year-on-year profit recovery, net profit dropped 64% quarter-on-quarter, compared to a profit of Rs 125.57 crore in the March quarter.
The company reported EBITDA of Rs 565 crore for the quarter, while total debt servicing stood at Rs 584 crore. Reliance Power highlighted that its debt-to-equity ratio remains among the lowest in the industry.
Last week, the company’s board approved a fundraising plan worth Rs 6,000 crore through Qualified Institutions Placement (QIP) and other modes. It also cleared the issuance of secured or unsecured, redeemable, non-convertible debentures of up to Rs 3,000 crore, in one or more tranches, via private placement or other means.
Also read | RBL Bank Q1 Results: Net profit falls 46% YoY to Rs 200 crore; NII down 13%
Shares of Reliance Power have gained 43.4% so far in 2025. The stock is up 129.5% over the past 12 months and has rallied 52.3% in the last six months. However, it is down 4% over the past one month.
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)
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