Reliance Power Q1 Results: Swings to net profit of Rs 45 crore; revenue dips 5% YoY
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.
Explore courses from Top Institutes in
Select a Course Category
Management
Product Management
Others
Data Science
Digital Marketing
Design Thinking
PGDM
Finance
healthcare
Leadership
Technology
MCA
CXO
Healthcare
Data Analytics
Operations Management
Data Science
MBA
others
Project Management
Cybersecurity
Degree
Public Policy
Skills you'll gain:
Duration:
10 Months
IIM Kozhikode
CERT-IIMK GMPBE India
Starts on
undefined
Get Details
Skills you'll gain:
Duration:
9 Months
IIM Calcutta
CERT-IIMC APSPM India
Starts on
undefined
Get Details
Skills you'll gain:
Duration:
11 Months
IIM Kozhikode
CERT-IIMK General Management Programme India
Starts on
undefined
Get Details
by Taboola
by Taboola
Sponsored Links
Sponsored Links
Promoted Links
Promoted Links
You May Like
The Simple Morning Habit for a Flatter Belly After 50!
Lulutox
Undo
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.
Live Events
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.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Time of India
20 minutes ago
- Time of India
Motorists fume as Telangana RTA drives up service charges
Hyderabad: Applicants attempting to book slots for various transactions at the Regional Transport Authority (RTA) woke up to a rude shock on Sunday as they found a sudden increase in charges across several services. The revision came into effect at 2 am. The new rate-card shows that RTA has revised fees anywhere from Rs 100 to Rs 1,000 — with a fourfold jump in rates for a no-objection certificate (NOC). Available for Rs 100 until now, every NOC will now cost a motorist Rs 435. The cost for terminating vehicle agreements for four-wheelers has also been substantially increased from Rs 2,135 to Rs 3,135. Even commonly availed costs, right from learners' licence to vehicle hypothecation, have been brought under the new price umbrella. Motorists applying for any licence will have to cough up an additional Rs 100. The only exemptions: Permits, vehicle fitness assessments, taxes on vehicles from other states, permit cancellations, life taxes, and quarterly taxes. You Can Also Check: Hyderabad AQI | Weather in Hyderabad | Bank Holidays in Hyderabad | Public Holidays in Hyderabad 10k applicants to be impacted This revision — brought in three years after a hike on life taxes — is likely to impact at least 10,000 daily applicants at all RTA offices across the state. In 2022, the Telangana govt had raised life taxes under the Telangana Motor Vehicles Taxation Act, 1963, with increases ranging from 9% to 19% based on vehicle cost and category. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Unsold 2021 Cars Now Almost Free - Prices May Surprise You Unsold Cars | Search Ads Learn More Undo Many applicants, while ruing the sharp rise, also complained about the current revision being implemented surreptitiously without prior public announcement or notification. In fact, the RTA website: is yet to be updated with these new charges. Speaking to TOI, some said that they realised that the fees had been hiked only when they went to their RTA office to avail of a service. 'I tried to secure a learner's licence slot two days ago, when the fee displayed was Rs 450. However, I encountered technical issues and couldn't complete the booking. When I tried again on Sunday, I was surprised to see that the total amount had risen to Rs 550, with the service charge component having increased from Rs 100 to Rs 200,' said K Venkatesh, an applicant from Uppal. Move to increase revenue: RTA RTA officials said that the revision was aimed at enhancing revenue. 'Only service charges, which have remained unchanged for several years, have been increased. However, we need to monitor the situation for at least one month to assess how these increased charges contribute to revenue enhancement,' MM Chandrasekhar Goud, joint transport commissioner (IT & Vigilance), told TOI. Sources, on the other hand, hinted at the move being designed to accommodate tax exemptions being offered to EV buyers. Incidentally, since the Telangana govt implemented its EV policy on Nov 16, 2024, Rs 400 crore (approx) tax has been exempted through sales of more than 50,000 EVs. 'The govt's actions are unfair, as they offer complete tax relief to electric vehicles while parallelly raising service charges,' said M Dayanand, general secretary, Telangana Auto and Motor Welfare Union.'The facilities at their offices lack essential amenities for the public, and applicants are forced to wait in long queues for their turn. It is disappointing that despite these ongoing service deficiencies, the RTA has implemented increased service charges. I urge the govt authorities to reinstate the previous fee structure, in the interest of the public.'
Time of India
20 minutes ago
- Time of India
Gujarat govt approves five-year action plan for AI implementation
Gandhinagar: The state govt said on Sunday that it approved an action plan for the implementation of artificial intelligence (AI). Over the next five years, the govt aims to position the state as a leader in AI-enabled governance. The action plan, which will serve as a time-bound blueprint to equip the state govt with advanced AI capabilities, will be based on six key aspects: data, digital infrastructure, capacity building, research and development, startup facilitation and 'safe and trusted AI', the govt said. Over the next five years, the govt aims to train over 2.5 lakh individuals, including students, MSMEs and govt employees in AI, machine learning (ML) and related domains. At the annual Chintan Shibir in Somnath in Nov 2024, the CM said that Gujarat will leverage AI across its administrative framework and departments to lead in technology-driven governance and socio-economic progress. Subsequently, a 10-member task force was set up with members from key departments such as healthcare, education, agriculture, fintech and other sectors. Based on the task force's recommendations, the CM approved the AI implementation action plan, an official statement said. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like The Secret Lives of the Romanovs — the Last Rulers of Imperial Russia! Learn More Undo You Can Also Check: Ahmedabad AQI | Weather in Ahmedabad | Bank Holidays in Ahmedabad | Public Holidays in Ahmedabad The govt said that an 'AI and Deep Tech Mission' will be formed, which will function as a specialised institutional mechanism, leading the design, implementation and innovation of AI strategies and emerging technologies within the state govt. The mission will also be mandated to foster collaboration among startups, academic research and industries. The statement said the action plan will be implemented in phases, starting with initiatives like creating a state-level AI data repository, establishing AI factories and initiating department-specific pilot projects.
Time of India
20 minutes ago
- Time of India
Innovation must be central idea in our education system: DST secy
Panaji: Innovation must be the central idea in India's education system to spur rapid growth and development in the country, said Abhay Karandikar, the secretary of the Centre's department of science and technology. He was speaking at the convocation ceremony of BITS Pilani KK Birla Goa campus, on Sunday. Karandikar said govt launched initiatives such as StartUp India in 2016 to boost innovation and entrepreneurship. Citing the Unified Payment Interface (UPI) as one of the world's largest digital payment systems, Karandikar emphasised the role of technology and innovative research in improving people's quality of life and contributing to the country's economic infrastructure. 'We are now witnessing the emergence of the third wave of innovation in the country. Young innovators are providing solutions to IT, electronics, manufacturing, space, and defence sectors,' he said. While talking about India's position as the third-largest startup ecosystem, he said that many startups have been conceptualised by the alumni of the BITS Pilani ecosphere. 'Institutions like BITS Pilani are at the forefront of shaping a research-driven, innovation-led future for India,' Karandikar said. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like No annual fees for life UnionBank Credit Card Apply Now Undo 'As graduates of this esteemed institution, you carry the responsibility to not only excel in your careers but also to contribute meaningfully to society and the nation.' Degrees were awarded to 968 students across BE, MSc, ME, and PhD programmes on Sunday. The medal winners from the bachelor's degree programmes were Ashman Mehra (gold), Soham Amit Walimbe (silver), and Arnav Goyal (bronze). 'You are equipped not just with technical knowledge, but with values, resilience, and a spirit of innovation. Go forth and be the architects of change, because true success lies in the positive difference you create in the world around you,' said Prof V Ramgopal Rao, the vice-chancellor of BITS Pilani. The Goa campus awarded PhD degrees to 48 women, making up 46.3% of the doctoral graduates, a record high in the institute's history. Prof Suman Kundu, the director of the KK Birla Goa campus, said the institute recorded 179 patent filings and 13 technology transfers in the past year alone. Karandikar inaugurated a device lab and two cleanrooms (contamination-resistant facilities) as part of the BITS BioCyTiH Foundation, the technology hub at BITS established through a govt of India scheme.
