Reliance Power posted a consolidated net profit of ₹41.95 crore in the October-December quarter, driven by greater income. The company lost ₹1,136.75 crore in the same period last year.
Reliance Power shares grow 10% as Anil Ambani-led corporation swings into the black in Q3.
Reliance Power share price: Shares of Reliance Power, an electric power generating, transmission, and distribution firm, rose 10% on Thursday, a day after the company released strong results for the third quarter of the current fiscal year.
On Thursday, the stock increased by up to 10% to ₹43.94 per share on the National Stock Exchange. At 10:59 a.m., it was up 7% to 42.73 each.
Reliance Power’s Q3 results 2025
Reliance Power recorded a consolidated net profit of ₹41.95 crore for the October-December quarter, driven by greater income. The company lost ₹1,136.75 crore in the same period last year.
The company’s total income increased by 8% to ₹2,159.44 crore in the reporting quarter, from ₹1,998.79 crore the previous year.
In Q3 FY25, expenses were ₹2,109.56 crore, a decrease from ₹3,167.49 crore the previous year. The company’s net value as of December 31, 2024 was ₹16,217 crore.
In an exchange filing, Reliance Power stated that company has achieved zero bank debt status, which means it has no outstanding balances with any banks.
During the quarter under review, the 3,960 megawatt (MW) Sasan Ultra Mega Power Project (SUMPP) in Madhya Pradesh recorded a plant load factor (PLF) of 93%, while the 1,200 MW Rosa Power Plant (RPP) in Uttar Pradesh had a 97% availability.
Reliance NU Suntech Pvt Ltd, a wholly-owned subsidiary of Reliance Power, was recently awarded a solar plus battery energy storage system (BESS) project by the Solar Energy Corporation of India for 930 MW + 1,860 MWh.
“The project would be Asia’s largest solar and battery storage project in a single location,” the Anil Ambani-led business stated.