cURL Error: 0 Reliance Power Q1 Results: Net loss narrows to Rs. 98 crores - PratapDarpan
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Reliance Power Q1 Results: Net loss narrows to Rs. 98 crores

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Reliance Power Q1 Results: Net loss narrows to Rs. 98 crores

Reliance Power on Wednesday said its consolidated loss during the June 2024 quarter narrowed to Rs. 97.85 crores. The company said in a regulatory filing that in the April-June period of the previous 2023-24 financial year, it had made Rs. 296.31 crores was reported as a loss.

The company increased its revenue to Rs. 2,069.18 crore which in the same period of the previous year was Rs. 1,951.23 crores.

On the BSE, the company’s share fell 2.01 percent to Rs. It closed at 29.77.

A part of the Reliance Group, the company has operational power generation assets of around 6,000 MW.

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