Reliance Power Q3 net rises 26% to Rs 134 cr

Reliance Power today reported a 26.46 per cent increase in its net profit at Rs 133.64 crore for the third quarter ended December 31, 2009.

The company had a net profit of Rs 105.68 crore in the December quarter of FY09, Reliance Power said in a filing to the Bombay Stock Exchange (BSE).

Total income grew by 36.44 per cent to Rs 179.16 crore in the third quarter from Rs 131.31 crore in the corresponding period a year-ago.

Shares of Reliance Power settled at Rs 146, up nearly 1 per cent from the previous close on the BSE.