Anil Ambani group company Reliance Power on Monday reported 42 per cent increase in consolidated net profit at Rs 204 crore for the quarter ended December 31. It had reported a consolidated net profit of Rs 144 crore in the year ago period.
Adding to the company's performance, the operating revenues from the 600 Mw Rosa Phase I project has almost doubled to Rs 441 crore from Rs 241 crore in the previous year and the net profit for the plant has also increased to Rs 75 crore from Rs 40 crore in the previous year. Consolidated revenue stood at Rs 457 crore, a 82 per cent jump from its corresponding period last year.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app