Reliance Power announces Q3FY22 results

Reliance Power Limited, a Reliance Group Company, has announced its financial results for the quarter ended December 31, 2021.

• Q3FY22 Total Income of Rs. 1859 crore (US$ 250 million)
• Q3FY22 EBITDA of Rs. 892 crore (US$ 120 Million)
• Q3FY22 PAT of Rs. (14) crore (US$ (2) Million)
• Q3FY22 Networth of Rs. 13011 crore (US$ 1751 million)

Debt reduced by Rs. 2048 crore

• On track to reduce debt by ~ Rs. 3200 crore in FY22
• Debt to Equity to improve further to below 1.80:1 which is among the lowest in industry

3,960 MW Sasan Ultra Mega Power Project in Madhya Pradesh

• Achieved ~98% PLF
• Consistently Best Project in the country

1,200 MW Rosa Power Plant in Uttar Pradesh

- Availability of ~85%

185 MW of Renewable Capacity

- Availability of 96%

Shares of Reliance Power Limited was last trading in BSE at Rs. 15.96 as compared to the previous close of Rs. 16.15. The total number of shares traded during the day was 10614681 in over 13634 trades.

The stock hit an intraday high of Rs. 16.76 and intraday low of 15.40. The net turnover during the day was Rs. 169871634.00.

Source : Equity Bulls

Keywords

ReliancePower INE614G01033 RPOWER Q3FY22 ResultUpdate