Latest news with #ReliancePower
Business Standard
2 days ago
- Business
- Business Standard
Reliance Power reports turnaround Q1 PAT to Rs 45 cr
Reliance Power posted a consolidated net profit of Rs 44.68 crore for the first quarter of FY26, marking a sharp turnaround from a net loss of Rs 97.85 crore in the same period last year. Despite the improved profitability, revenue from operations declined 5.35% year-on-year to Rs 1,885.58 crore for the quarter ended 30 June 2025. Earnings before interest, tax, depreciation, and amortization (EBITDA) stood at Rs 565 crore in Q1 FY26. The company also reported a profit before tax of Rs 72.30 crore in Q1 FY26, compared to a pre-tax loss of Rs 73.33 crore in Q1 FY25. Reliance Power reported total debt servicing of Rs 584 crore in the first quarter of FY26. The companys debt-to-equity ratio remains among the lowest in the industry. As of the end of the quarter, the companys net worth stood at Rs 16,431 crore. On the operational front, the companys flagship 3,960 MW Sasan Ultra Mega Power Project in Madhya Pradesh was among the top-performing plants in the country, achieving a plant load factor (PLF) of approximately 91%. The 1,200 MW Rosa Power Plant in Uttar Pradesh reported availability of around 97% during the quarter. In a significant development in the renewable energy segment, Reliance Powers subsidiary, Reliance NuEnergy, received a Letter of Award (LoA) from SJVN a leading Navratna public sector enterprisefor Indias largest ISTS-connected solar-plus-battery energy storage system (BESS) project. The 350 MW project will include the installation of 600 MW of solar DC capacity and a 175 MW / 700 MWh BESS at a tariff of Rs 3.33/kWh, awarded through a competitive bidding process. With this project, Reliance Power has emerged as Indias largest player in the solar-plus-BESS segment, boasting a portfolio of 2.4 GW of solar DC capacity and over 2.5 GWh of BESS capacity, cementing its leadership in the new energy landscape. Reliance Power has been established to develop, construct, and operate power projects both in India and internationally. The company on its own and through its subsidiaries has a large portfolio of power generation capacity, both in operation and in capacity under development. The scrip shed 0.30% to Rs 63.89 on the BSE.
India.com
3 days ago
- Business
- India.com
Big WIN for Anil Ambani, Reliance Power achieves net profit of Rs 446800000 in…, Company now plans to…
Anil Ambani (File) New Delhi: In a major relief to Anil Ambani, Reliance Power has reported a consolidated net profit of Rs 44.68 crore for the quarter ended June 30, 2025 (Q1FY26), compared to a loss of Rs 98.16 crore in the year-ago period. It is important to note that the revenue from operations stood at Rs 1,885 crore, down 5.35 percent year-on-year. Reliance Power recorded a total income of Rs 2,025 crore, while EBITDA came in at Rs 565 crore. The company serviced total debt of Rs 584 crore in the June quarter. Reliance Power also highlighted that its debt-to-equity ratio stood at 0.43, lowest in the industry. Net worth rose to Rs 16,431 crore as of June 30, 2025. Sasan and Rosa plants: The 3,960 MW Sasan Ultra Mega Power Project in Madhya Pradesh, Reliance Power's flagship project, remained one of the top-performing plants in the country. According to the company, it achieved a high plant load factor (PLF) of around 91 percent. The 1,200 MW Rosa Power Plant in Uttar Pradesh also maintained operational strength, with an availability of around 97 per cent during the quarter. Here are some of the key details: Reliance NU Energies, received a Letter of Award (LoA) from state-run SJVN Limited for a 350 MW ISTS-connected Solar + Battery Energy Storage System (BESS) project. Reliance Power approves Rs 6,000 crore equity raise, Rs 3,000 crore NCD issue The project involves setting up 600 MW of solar DC capacity and 175 MW / 700 MWh of BESS capacity at a tariff of Rs 3.33/kWh through competitive bidding. Reliance Power has emerged as the country's largest player in the solar + BESS segment Reliance Power holds 2.4 GW of solar DC capacity and over 2.5 GWh of BESS capacity. The 3,960 MW Sasan Ultra Mega Power Project in Madhya Pradesh remained one of the top-performing plants in the country. The company achieved a high plant load factor (PLF) of around 91 percent. The 1,200 MW Rosa Power Plant in Uttar Pradesh also maintained operational strength, with an availability of around 97 per cent during the quarter. As per the exchange filing, the Reliance Power board approved 'raising funds up to Rs 6,000 crore through the issuance of equity shares and/or equitylinked 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.'
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Business Standard
4 days ago
- Business
- Business Standard
Reliance Power Q1FY26 results: Posts ₹44.7 cr profit on lower costs
Reliance Power on Saturday reported a consolidated net profit of Rs 44.68 crore for the quarter ended June 2025-26, as the company trimmed its expenses. It had posted a loss of Rs 97.85 crore in the first quarter of the preceding 2024-25 fiscal, the company said in an exchange filing. The company's total income was Rs 2,025.31 crore against Rs 2,069.18 crore in the year-ago quarter. Reliance Power managed to reduce its expenses to Rs 1,953.01 crore from Rs 2,142.51 crore in the April-June period of the last financial year. In a statement, the company said its net worth stood at Rs 16,431 crore as of June 30, 2025. The company's 1,200 MW Rosa Power Plant in Uttar Pradesh achieved a plant load factor (PLF) of 97 per cent, while its 3,960 MW Sasun Ultra Mega Power Project in Madhya Pradesh achieved 91 per cent PLF in the quarter. Reliance Power subsidiary Reliance NU Energies received a Letter of Award from SJVN Limited for the largest ISTS-connected solar and battery energy storage system (BESS) project. The project has been awarded for 350 MW ca?acity, which will require installation of 600 MW solar DC (direct current) capacity and 175 MW/ 700 MWh of battery energy storage system (BESS) capacity, at a tariff of Rs 3.33/kWh through a competitive bidding process.
Business Standard
4 days ago
- Business
- Business Standard
Reliance Power reports consolidated net profit of Rs 44.68 crore in the June 2025 quarter
Sales decline 5.35% to Rs 1885.58 crore Net profit of Reliance Power reported to Rs 44.68 crore in the quarter ended June 2025 as against net loss of Rs 97.85 crore during the previous quarter ended June 2024. Sales declined 5.35% to Rs 1885.58 crore in the quarter ended June 2025 as against Rs 1992.23 crore during the previous quarter ended June 2024. Particulars Quarter Ended Jun. 2025 Jun. 2024 % Var. Sales 1885.581992.23 -5 OPM % 29.9732.66 - PBDT 278.90176.97 58 PBT 72.30-73.33 LP NP 44.68-97.85 LP
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Business Standard
4 days ago
- Business
- Business Standard
Reliance Power Q1FY26 results: PAT of ₹45 cr after reducing expenses
Reliance Power on Saturday reported a consolidated net profit of Rs 44.68 crore for the quarter ended June 2025-26, as the company trimmed its expenses. It had posted a loss of Rs 97.85 crore in the first quarter of the preceding 2024-25 fiscal, the company said in an exchange filing. The company's total income was Rs 2,025.31 crore against Rs 2,069.18 crore in the year-ago quarter. Reliance Power managed to reduce its expenses to Rs 1,953.01 crore from Rs 2,142.51 crore in the April-June period of the last financial year. In a statement, the company said its net worth stood at Rs 16,431 crore as of June 30, 2025. The company's 1,200 MW Rosa Power Plant in Uttar Pradesh achieved a plant load factor (PLF) of 97 per cent, while its 3,960 MW Sasun Ultra Mega Power Project in Madhya Pradesh achieved 91 per cent PLF in the quarter. Reliance Power subsidiary Reliance NU Energies received a Letter of Award from SJVN Limited for the largest ISTS-connected solar and battery energy storage system (BESS) project. The project has been awarded for 350 MW ca?acity, which will require installation of 600 MW solar DC (direct current) capacity and 175 MW/ 700 MWh of battery energy storage system (BESS) capacity, at a tariff of Rs 3.33/kWh through a competitive bidding process. Reliance Power Limited, part of the Reliance Group, is one of India's leading private sector power generation companies. It has an operating portfolio of 5,305 megawatts.
