The company’s total expenditure decreased to Rs 1998.49 crore in the fourth quarter
Anil Ambani-led power company- Reliance Power released his financial results on Friday. Reliance Power said in a information to the stock market on Friday that the company earned a net profit of Rs 126 crore in the January-March quarter of FY 2024-25. Let us tell you that Reliance Power suffered a loss of Rs 397.26 crore in the fourth quarter of FY 2023-24. However, a decrease in income of Reliance Power has been recorded. The company said on Friday that its total income was Rs 2066 crore in the fourth quarter of the last financial year, which was Rs 2193.85 crore in the same quarter last year.
The company’s total expenditure decreased to Rs 1998.49 crore in the fourth quarter
Reliance Power said that the company’s total expenditure in the fourth quarter declined to Rs 1998.49 crore, which was Rs 2615.15 crore in the same period a year ago. During the financial year 2024-25, the company’s integrated net profit stood at Rs 2947.83 crore, while in 2023-24 the company had a loss of Rs 2068.38 crore. The company has paid a loan of Rs 5338 crore, including the maturity repayment in 12 months. Its date to equity (D/e) ratio declined to 0.88 in the last financial year, which was 1.61 in FY 2023-24.
Reliance Power’s share closed with a gain of 1.39 percent on NSE
Today on Friday, Reliance Power shares closed at Rs 38.79 with a gain of 1.39 percent (Rs 0.53) on NSE. Today, during the business, the company’s shares reached Intrade High of Rs 38.89 to Intrade Low of Rs 37.00. However, the company’s shares are still far below their 52 weeks high. Reliance Power shares reached the NSE at Rs 53.64 on October 3, 2024, which is its current 52 week high. The company’s stock is 52 weeks and is Rs 23.30. According to NSE data, the current market cap of Reliance Power is Rs 15,581.83 crore.
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