Reliance Power Q4 Results: Reliance Power is now making a tremendous comeback. In the fourth quarter (January-March) of FY 2024-25, the company has registered a profit of Rs 126 crore, compared to a loss of Rs 397.56 crore in the same quarter last year. The company gave this information to the stock exchange.
However, during this period the total income of the company declined to Rs 2,066 crore, which was Rs 2,193.85 crore in the same period last year.
Despite this, the company made a profit, as it made a big cut in its expenses. The total expenditure declined from Rs 2,615.15 crore to Rs 1,998.49 crore.
On the other hand, if we talk about the entire financial year, Reliance Power has earned strongly. According to the company, it has earned a net profit of Rs 2,947.83 crore, which is much better than the loss of Rs 2,068.38 crore in the previous year.
Reliance Power has paid a total loan of Rs 5,338 crore in the last 12 months, including maturity repayments.
This company of Reliance Group is one of the leading private sector power generation companies in India. It has a total operational capacity of 5,305 MW, including a 3,960 MW Sasan power project.
Sasan Power is considered the world’s largest coal-based integrated power plant. This project has been considered to be the best power plant in India for seven consecutive years.
Reliance Power’s stock rose by 1.3 percent to close at Rs 38.79 on Friday. Its 52-week high is Rs 53.64 and the minimum level of Rs 23.30.
