Company poses strong operational performance despite higher coal costs
Company's net income grows 2.9% to Rs 2,013 cr
With India sales also growing 21%, the company's net sales and profitability beat Street expectations comprehensively
OMCs to absorb impact of excise duty hike on petrol and diesel
Net sales grew 10.4% to Rs 392 crore compared annually
On a standalone basis the company reported 17% growth in profit
Vice chairman Shivinder Singh will take interim charge of the company
The company's turnover stood at Rs 2,571.57 crore, a growth of 50.66%
The decline was despite a Rs 361-cr forex gain and 36% rise in revenue
Consolidated total income of the company stood at Rs 1,031.20 crore for the quarter under consideration
Net sales up 27.6% at Rs 960 crore during the quarter
The company had reported net loss of Rs 15.35 crore in the same period of the previous fiscal
The company's net profit stood at Rs 42.9 crore in the year-ago period
Reliance Power's profit grew to Rs 253 crore from Rs 251 crore over the same period after a 35 per cent increase in revenue
Total income of the company also slumped 17.5% to Rs 2,622.2 crore
Total income increases to Rs 1,883 cr
Total income of the firm jumped by 51% to Rs 155 cr
Company also posts 2% growth in total income at Rs 14,266 cr for Q2
The net profit and sales turnover for the April-September period of 2014-15 stood at Rs 613 crore and Rs 3,607 crore respectively