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Reliance Power Ltd Q2FY24; 10% rise in Revenue

Reliance Power has been established to develop, construct and operate power projects both in India as well as internationally. The Company on its own and through its subsidiaries has a large portfolio of power generation capacity, both in operation as well as capacity under development.

Financial Results:

Reliance Power Ltd reported Revenues for Q2FY24 of ₹2,052.00 Crores up from ₹1,864.00 Crore year on year, a rise of 10.09%.

Total Expenses for Q2FY24 of ₹2,308.00 Crores up from ₹2,216.00 Crores year on year, a rise of 4.15%.

Consolidated Net Profit of -₹238.00 Crores from -₹313.00 Crores in the same quarter of the previous year.

The Earnings per Share is -₹0.64, from -₹1.00 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

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