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Indices suffer modest losses Reliance Power standalone net profit declines 94.64% in the September 2016 quarter Reliance Power consolidated net profit declines 6.24% in the September 2016 quarter Reliance Power Q3 net rises 14% to Rs 275 cr Reliance sees strong refining margins backed by solid demand
Sales decline 16.71% to Rs 5.78 crore
Net loss of Reliance Power reported to Rs 2.09 crore in the quarter ended March 2017 as against net profit of Rs 662.81 crore during the previous quarter ended March 2016. Sales declined 16.71% to Rs 5.78 crore in the quarter ended March 2017 as against Rs 6.94 crore during the previous quarter ended March 2016.For the full year,net profit declined 95.05% to Rs 64.26 crore in the year ended March 2017 as against Rs 1298.24 crore during the previous year ended March 2016. Sales declined 14.32% to Rs 48.06 crore in the year ended March 2017 as against Rs 56.09 crore during the previous year ended March 2016.
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