Reliance Power loss widens to Rs 291 cr in Q3

BY admin 2022-11-24

Reliance Power on Saturday said its consolidated net loss widened to Rs 291.54 crore in the December 2022 quarter.The company’s consolidated net loss was Rs 97.22 crore in the quarter ended December 2021, a BSE filing showed. The total expenses rose to Rs 2,126.33 crore in the quarter from Rs 1,900.05 crore in the year-ago period.

Its total income stood at Rs 1,936.29 crore in the quarter against 1,858.93 crore a year ago.The company made a debt repayment of Rs 178 crore in the quarter, and its debt-equity ratio stood at 2.03:1.It reported a net worth of Rs 11,219 crore. It has an operating portfolio of 5,945 MW.

He is associated with the company for more than 5 years. Before joining Reliance Power, he was associated with Deepak Nitrite Ltd. He has also worked with Shrink Packaging Private Ltd and Reliance Industries Ltd.

Tags: , , ,

Leave a Reply

Your email address will not be published. Required fields are marked *