Categories Earnings, Energy

Reliance Power Ltd Q4FY23 results out, revenue soars by 6%

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. 

  • Reliance Power reported Total revenue for Q4 FY23 of ₹1,730 Crore, down from ₹1,846 Crore year on year depicting a decline of 6%.
  • Total Expenses for Q4 FY23 of ₹1,889 Crore up, from ₹1,664 Crore year on year, a growth of 14%. 
  • Consolidated Net Profit of ₹257 Crore, up 139% from -(₹651) Crore in the same quarter of the previous year. 
  • The Earnings per Share is ₹0.86, up 153% from -(₹1.63) in the same quarter of the previous year.

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