Latest news with #AnilAmbani-led
Economic Times
5 days ago
- Business
- Economic Times
Reliance Power Q1 Results: Swings to net profit of Rs 45 crore; revenue dips 5% YoY
Live Events (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel 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 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 income in Q1 FY26 stood at Rs 2,025 crore, reflecting a 2% decline from Rs 2,069 crore a year 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 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 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 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)
Time of India
5 days ago
- Business
- Time of India
Reliance Power Q1 Results: Swings to net profit of Rs 45 crore; revenue dips 5% YoY
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. 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.
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Business Standard
5 days ago
- Business
- Business Standard
Reliance Infrastructure receives NCLAT breather from insolvency proceedings
The National Company Law Appellate Tribunal (NCLAT) Delhi bench on Friday stayed insolvency proceedings against Reliance Infrastructure. A bench of the National Company Law Tribunal (NCLT) had directed the initiation of insolvency proceedings against the company on a plea by IDBI Trusteeship, alleging a default of around ₹90 crore by the Anil Ambani-led company. Reliance Infrastructure, however, told the appellate tribunal that all outstanding dues, including interest, had been fully paid. Taking note of the submission, the NCLAT granted IDBI Trusteeship time to reconcile the payments with its records and posted the matter for hearing on August 27. "In continuation of our earlier letters dated June 4, 2025, and June 6, 2025, and pursuant to Regulation 30 of the Listing Regulations, we wish to inform that in the appeal filed by the Company, the Hon'ble National Company Law Appellate Tribunal, New Delhi (NCLAT), today in furtherance of the order dated June 4, 2025, wherein the order dated May 30, 2025, was suspended, has been pleased to stay the order dated May 30, 2025, and the Corporate Insolvency Resolution Process against the Company. The next date in the matter is August 27, 2025. The order of the Hon'ble NCLAT shall follow upon receipt of the same. We request you to take the same on record," Reliance Infrastructure told the stock exchanges.
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Business Standard
6 days ago
- Business
- Business Standard
NCLAT stays insolvency proceedings against Reliance Infrastructure
The National Company Law Appellate Tribunal (NCLAT) Delhi bench on Friday stayed insolvency proceedings against Reliance Infrastructure. A bench of the National Company Law Tribunal (NCLT) had directed the initiation of insolvency proceedings against the company on a plea by IDBI Trusteeship, alleging a default of around ₹90 crore by the Anil Ambani-led company. Reliance Infrastructure, however, told the appellate tribunal that all outstanding dues, including interest, had been fully paid. Taking note of the submission, the NCLAT granted IDBI Trusteeship time to reconcile the payments with its records and posted the matter for hearing on August 27. "In continuation of our earlier letters dated June 4, 2025, and June 6, 2025, and pursuant to Regulation 30 of the Listing Regulations, we wish to inform that in the appeal filed by the Company, the Hon'ble National Company Law Appellate Tribunal, New Delhi (NCLAT), today in furtherance of the order dated June 4, 2025, wherein the order dated May 30, 2025, was suspended, has been pleased to stay the order dated May 30, 2025, and the Corporate Insolvency Resolution Process against the Company. The next date in the matter is August 27, 2025. The order of the Hon'ble NCLAT shall follow upon receipt of the same. We request you to take the same on record," Reliance Infrastructure told the stock exchanges.
News18
17-07-2025
- Business
- News18
Reliance Infra Shares In Focus Over Rs 9000 Cr Fund Raise Plan, Stocks Up 111% In 1 Year
Last Updated: Reliance Infra Share Price: Reliance Infrastructure Limited, led by Anil Ambani, plans to raise up to Rs 9000 crore through QIP/FPO and debentures. Reliance Infra share price. Reliance Infra Share Price: Anil Ambani-led Reliance Infrastructure Limited (RInfra) shares will be in focus during the Thursday session following the company's board meeting approving fund raise plan up to Rs 9000 crore through qualified institutions placement (QIP) or follow-on public offer (FPO). Out of Rs 9000 crore fund raised, Rs 6000 crore will be raised through QIP/FPO and the remaining Rs 3000 crore will be sought by issuance of secured/unsecured, redeemable, non-convertible debentures on a private placement basis. Reliance Infrastructure (RInfra) is a major Indian infrastructure company involved in power generation, transmission, distribution, and trading, as well as roads, metro rail, and defence. '…the Board of Directors, at its meeting held today, i.e., Wednesday, July 16, 2025, has, inter alia, approved seeking enabling authorization from the members for: raising funds up to Rs 6,000 crore through the issuance of equity shares and/or equity linked instruments and/or other eligible securities to qualified institutional buyers by way of a Qualified Institutions Placement and /or follow on public offer or a combination thereof;" Reliance Infrastructure Limited said in the filing. 'issuance of secured/unsecured, redeemable, non-convertible debentures up to Rs 3,000 crore, in one or more tranches/series, on a private placement basis or otherwise." Reliance Infrastructure Share Price History Over the past one month, the stock has gained 5.31%, outperforming the Sensex which rose 1.02%, and the BSE Utilities index at 3.63%. On a Year-To-Date (YTD) basis, the stock has jumped 25.42%, significantly ahead of the Sensex's 5.26% rise and the Utilities index's 1.42% gain. In Q4 FY25, Reliance Infra's consolidated EBITDA (earnings before interest, tax, depreciation, and amortisation) soared to Rs 8,876 crore, nearly seven times higher than the ₹1,136 crore recorded in the previous quarter (Q3 FY25). The profit after tax (PAT) for the reported quarter was ₹4,387 crore, compared to a loss of ₹3,298 crore in Q3 FY25. The company's consolidated net worth rose 44 percent quarter-on-quarter (QoQ) to Rs 14,287 crore as of March 31, 2025, up from ₹9,899 crore as of December 31, 2024. Additionally, the company noted that its standalone net debt from banks and financial institutions was zero as of March 31, 2025, reflecting a reduction of approximately Rs 3,300 crore during FY25. view comments First Published: July 17, 2025, 06:55 IST Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
