Reliance Power

Reliance Power reported a steep decline in profitability for the third quarter, with net profit falling 40 percent to Rs 25 crore, reflecting persistent operational and financial challenges. The performance was weighed down by higher expenses, subdued power demand in certain segments, and lingering stress in parts of the balance sheet. While the company continues to focus on cost rationalization and improving operational efficiency, the latest numbers highlight the uneven recovery across the power sector.

Shares of Reliance Infrastructure and Reliance Power—both part of the Anil Dhirubhai Ambani Group (ADAG)—plunged sharply, hitting their respective lower circuits in intraday trade. The sudden decline comes amid heightened investor concern over the group’s financial stability, regulatory scrutiny, and lack of clear forward-looking guidance. The negative sentiment was compounded by low trading volumes, which further exacerbated the volatility.

Reliance Infrastructure Ltd and Reliance Power Ltd have issued formal clarifications affirming their independence following the State Bank of India’s decision to designate the loan account of Reliance Communications (RCom) as fraudulent. The two Anil Dhirubhai Ambani Group (ADAG) companies emphasized there is no financial, operational, or managerial overlap with RCom, nor does Anil Ambani hold board positions in either company.

Reliance Power Ltd, under the leadership of Anil Ambani, is strategically expanding its footprint in international energy markets by bidding for a 1,500-megawatt (MW) gas-based power project overseas, targeting countries like Kuwait, the UAE, and Malaysia. This initiative leverages the company’s ready inventory of world-class gas turbine equipment, enabling rapid project execution compared to standard global delivery timelines.

Reliance Power Ltd. has taken a commanding stride in India's renewable energy space through its subsidiary Reliance NU Energies, securing a landmark 350 MW solar power project integrated with a 175 MW/700 MWh battery energy storage system (BESS) from SJVN Ltd. The development positions the company as India's largest player in the integrated Solar + BESS segment, with a clean energy pipeline of 2.5 GWp solar capacity and 2.5 GWh storage.

Reliance Power, through its clean energy subsidiary Reliance NU Energies, has secured a significant renewable energy contract from SJVN, marking a decisive leap in India's transition toward integrated, dispatchable green energy solutions. The awarded project entails the development of a 350 MW solar power facility coupled with a 175 MW/700 MWh Battery Energy Storage System (BESS), positioning Reliance Power as the nation’s frontrunner in solar and storage integration.

Reliance Power has formalized a commercial term sheet with Bhutan-based Green Digital Pvt Ltd—owned by Druk Holding and Investments Ltd (DHI), the sovereign investment arm of the Royal Government of Bhutan—for a landmark renewable energy project. The 500 MW solar venture, jointly developed on a 50:50 basis, represents Bhutan’s largest solar energy initiative and the most significant private-sector foreign direct investment (FDI) in its solar sector to date. With a projected outlay of up to Rs.

Reliance Power has reported a consolidated net profit of Rs 126 crore for the January-March quarter of FY25, reversing its previous year’s loss. This financial turnaround is largely attributed to a significant reduction in expenses. While the company’s income saw a slight dip, its effective cost management helped boost its profitability. Additionally, Reliance Power made notable progress in debt reduction, servicing Rs 5,338 crore over the past year. The company’s debt-to-equity ratio also improved, underscoring its growing financial stability.

Reliance Power shares soared over 12.5% on Monday, buoyed by a remarkable financial turnaround that saw the company post a consolidated net profit of Rs. 126 crore for the final quarter of FY25. This marks a sharp contrast from the Rs. 397.56 crore loss it recorded in the same quarter a year earlier. Despite a slight dip in revenue, the company significantly trimmed its expenses, paving the way for profitability. For the full fiscal year, Reliance Power reported a consolidated net profit of Rs.

Reliance Power, a key player in India's power generation sector, has successfully raised Rs. 348.15 crore through the preferential issuance of shares. This capital infusion, through the issuance of over 10 crore fully paid-up equity shares, will strengthen the company’s strategic focus on expanding its renewable energy portfolio. The funds will further bolster its already robust balance sheet, which maintains a zero-bank debt position.