Reliance Power Narrowed Loss to Rs 98 cr in June Quarter
Reliance Power's consolidated loss narrowed to Rs 97.85 crore in the June 2024 quarter, driven by improved income. The company's revenue rose to Rs 2,069.18 crore compared to Rs 1,951.23 crore in the previous year.
New Delhi, Aug 14 (PTI) Reliance Power on Wednesday said its consolidate loss narrowed to Rs 97.85 crore during the June 2024 quarter, on account of improved income.
It had reported a loss of Rs 296.31 crore in the April-June period of the preceding 2023-24 financial year, the company said in a regulatory filing.
The company increased its income to Rs 2,069.18 crore from Rs 1,951.23 crore in the year-ago period.
Shares of the company closed 2.01 per cent down at Rs 29.77 apiece on the BSE.
Part of Reliance Group, the company has close to 6,000 MW of operational power generation assets.
It had reported a loss of Rs 296.31 crore in the April-June period of the preceding 2023-24 financial year, the company said in a regulatory filing.
The company increased its income to Rs 2,069.18 crore from Rs 1,951.23 crore in the year-ago period.
Shares of the company closed 2.01 per cent down at Rs 29.77 apiece on the BSE.
Part of Reliance Group, the company has close to 6,000 MW of operational power generation assets.
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