R-Power Q1 net up 22% at Rs 240 cr

Total income soars 82% to Rs 1,252 cr

Anil Ambani-controlled Reliance Power posted a 22% increase in consolidated net profit at Rs 240 crore for the quarter ended June 2012 as against Rs 196 crore in the same period a year ago.

The consolidated total income soared 82% to Rs 1,252 crore from Rs 689 crore in June 2011.

The company's EBITDA margin for the quarter was at 32.1%.

In its statement to the BSE, the company said that it will commission the 600 MW Butibori project by 2012-end.

The company's stocks were trading 1.5% higher at Rs 93 on BSE.