Reliance Power Turns Profitable with Strategic Debt Reduction

Reliance Power announced a consolidated net profit of Rs 126 crore for the January-March quarter of FY25, a significant turnaround from a Rs 397.56 crore loss in the corresponding period of 2024. The transition was mainly attributed to reduced total expenses of Rs 1,998.49 crore, down from Rs 2,615.15 crore in the previous year.

The company's total income for the quarter saw a decline to Rs 2,066 crore from Rs 2,193.85 crore. Despite the income drop, annual net profits for FY25 amounted to Rs 2,947.83 crore, a substantial increase from the Rs 2,068.38 crore loss reported in the previous fiscal year.

Reliance Power also demonstrated robust debt management by reducing its debt-to-equity ratio from 1.61:1 to 0.88:1 over the year and completing debt servicing of Rs 5,338 crore. As part of the Reliance Group, the company remains a leader in private sector power generation in India, maintaining an operation portfolio of 5,305 megawatts with its flagship Sasan Power project.

(With inputs from agencies.)