Stock Report

RattanIndia Power Reports Turnaround Performance in Q1 FY27: Net Profit Reaches ₹45.85 Crore Driven by Sharp Drop in Finance Costs

Posted On : 2026-07-24 18:00:39( TIMEZONE : IST )

Power generation major RattanIndia Power Limited (NSE: RTNPOWER | BSE: 533122) announced its unaudited consolidated financial results for the first quarter ended June 30, 2026 (Q1 FY27).

The company staged a successful operational turnaround, reporting a consolidated net profit of ₹45.85 crore for Q1 FY27 compared to a net loss of ₹13.11 crore in the corresponding quarter of the previous fiscal year (Q1 FY26). The bottom-line expansion was primarily anchored by a significant 42.62% YoY reduction in finance costs, alongside disciplined operational expenditure management.

Consolidated Financial Highlights: Q1 FY27 vs Q1 FY26

Revenue from Operations: Stood at ₹798.55 crore in Q1 FY27, down 2.85% YoY compared to ₹821.96 crore in Q1 FY26. Sequentially, operational revenue grew 1.38% over ₹787.69 crore recorded in Q4 FY26.

Total Income: Reached ₹866.43 crore in Q1 FY27 (versus ₹920.89 crore in Q1 FY26 and ₹855.11 crore in Q4 FY26), impacted by a decrease in other income to ₹67.88 crore (down from ₹98.93 crore in Q1 FY26).

Profit Before Tax (PBT): Climbed to ₹45.85 crore, marking a sharp recovery from a loss before tax of ₹13.11 crore in Q1 FY26. Sequentially, PBT expanded by 7.03% compared to ₹42.84 crore in Q4 FY26.

Profit After Tax (PAT): Consolidated net profit reached ₹45.85 crore (PAT margin of 5.74%), against a net loss of ₹13.11 crore in Q1 FY26 and up 7.03% quarter-on-quarter from ₹42.84 crore in Q4 FY26.

Earnings Per Share (EPS): Basic and diluted EPS for the quarter improved to ₹0.09 per equity share (face value of ₹10/- each), compared to a negative EPS of ₹(0.02) in Q1 FY26 and ₹0.08 in Q4 FY26.

Total Comprehensive Income: Total comprehensive profit attributable to equity holders stood at ₹45.85 crore for Q1 FY27.

Cost Analysis & Margin Drivers

Consolidated total expenses for Q1 FY27 declined by 12.14% YoY to ₹820.58 crore (down from ₹934.00 crore in Q1 FY26), playing a crucial role in enhancing profitability:

Fuel, Power & Water Consumed: Decreased by 6.51% YoY to ₹611.07 crore (versus ₹653.59 crore in Q1 FY26 and ₹591.74 crore in Q4 FY26), reflecting moderate input cost pressures.

Finance Costs: Reduced dramatically by 42.62% YoY to ₹85.03 crore (compared to ₹148.18 crore in Q1 FY26 and ₹90.70 crore in Q4 FY26). The reduction underscores the ongoing impact of balance sheet deleveraging and debt optimization efforts.

Employee Benefits Expense: Stood at ₹18.79 crore (up 6.94% YoY from ₹17.57 crore in Q1 FY26).

Depreciation & Amortisation: Remained stable at ₹61.07 crore (versus ₹60.53 crore in Q1 FY26 and ₹63.51 crore in Q4 FY26).

Other Expenses: Declined by 19.23% YoY to ₹43.72 crore (compared to ₹54.13 crore in Q1 FY26 and ₹49.52 crore in Q4 FY26).

Tax Provision: Zero tax expense recorded for Q1 FY27 (consistent with prior quarters).

Capital Structure & Shareholding

Paid-up Equity Share Capital: Remained unchanged at ₹5,370.11 crore (comprising equity shares with a face value of ₹10/- each).

Other Equity: Reserves stood at -₹732.40 crore as per the audited full-year disclosures for FY26.

Shares of RattanIndia Power Limited was last trading in BSE at Rs. 8.55 as compared to the previous close of Rs. 8.63. The total number of shares traded during the day was 974332 in over 1670 trades.

The stock hit an intraday high of Rs. 8.63 and intraday low of 8.49. The net turnover during the day was Rs. 8333672.00.