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Reliance Power Ltd posts net profit of Rs. 240.06 crore in Q1



Posted On : 2013-08-05 21:54:48( TIMEZONE : IST )

Reliance Power Ltd posts net profit of Rs. 240.06 crore in Q1

Reliance Power Ltd has announced the financial results for the quarter ended June 30, 2013.

The Company has posted a net profit of Rs. 446.10 million for the quarter ended June 30, 2013 as compared to Rs. 468.60 million for the quarter ended June 30, 2012. Total Income has decreased from Rs. 728.20 million for the quarter ended June 30, 2012 to Rs. 674.60 million for the quarter ended June 30, 2013.

The Group has posted consolidated net profit after taxes, Minority Interest and Share of Profit / (loss) of Associates of Rs. 2400.60 million for the quarter ended June 30, 2013 as compared to Rs. 2395.00 million for the quarter ended June 30, 2012. Total Income has decreased from Rs. 12516.80 million for the quarter ended June 30, 2012 to Rs. 12062.60 million for the quarter ended June 30, 2013.

Shares of Reliance Power Ltd was last trading in BSE at Rs.65.10, down by Rs.3.60 or 5.24%. The stock hit an intraday high of Rs.69.50 and low of Rs.64.15.

The total traded quantity was 27.65 lakhs compared to 2 week average of 26.19 lakhs.

Source : Equity Bulls

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