Reliance Power Ltd's Q3FY25 Quarter Results
- 06 Feb 2025
Result Summary
- Reliance Power Ltd reported a 10.0% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 7.9%.
- Its expenses for the quarter were down by 3.7% QoQ and 33.6% YoY.
- The net profit decreased 98.5% QoQ and decreased 103.7% YoY.
- The earnings per share (EPS) of Reliance Power Ltd stood at 0.1 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 2159.44 | 1962.77 | 2001.54 | 10.0% | 7.9% |
Total Expenses | 2109.56 | 2189.61 | 3179.08 | -3.7% | -33.6% |
Profit Before Tax | 49.88 | 3003.58 | -1177.54 | -98.3% | -104.2% |
Tax | 7.93 | 125.43 | 88.27 | -93.7% | -91.0% |
Profit After Tax | 41.95 | 2878.15 | -1136.75 | -98.5% | -103.7% |
Earnings Per Share | 0.10 | 7.20 | -3.00 | -98.6% | -103.3% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Reliance Power Ltd is a part of the Reliance Group, which is one of India's largest conglomerates. The company is primarily engaged in the development, construction, and operation of power projects both domestically and internationally. Reliance Power's operations span across various segments, including coal, gas, hydroelectric, and renewable energy projects. As of the latest update, there are no specific recent developments provided in the data. However, the company is known for its large-scale power generation capabilities and aims to contribute significantly to India's energy needs with its diverse energy portfolio.
Revenue
In the third quarter of fiscal year 2025 (Q3FY25), Reliance Power Ltd reported a total income of ₹2159.44 crores. This represents a quarter-over-quarter (QoQ) increase of 10.0% from the second quarter of fiscal year 2025 (Q2FY25), where the total income was ₹1962.77 crores. Compared to the same quarter in the previous fiscal year (Q3FY24), there is a year-over-year (YoY) increase of 7.9% from ₹2001.54 crores. The data indicates the company's revenue growth over the periods under review, showing improved income generation compared to both the previous quarter and the same quarter last year.
Profitability
Reliance Power Ltd's financial data for Q3FY25 shows a significant decrease in profit before tax, amounting to ₹49.88 crores, which is a stark contrast to the previous quarter's figure of ₹3003.58 crores. This marks a QoQ decline of 98.3%. Year-over-year, the profit before tax improved from a loss of ₹1177.54 crores in Q3FY24. The tax expense for Q3FY25 is ₹7.93 crores, showing a substantial reduction from both the previous quarter's tax of ₹125.43 crores and the same quarter last year's tax of ₹88.27 crores. Consequently, the profit after tax in Q3FY25 is ₹41.95 crores, reflecting a dramatic decline of 98.5% QoQ from Q2FY25's ₹2878.15 crores, but an improvement from the loss of ₹1136.75 crores in Q3FY24.
Operating Metrics
The company's total expenses for Q3FY25 were ₹2109.56 crores, which represents a decrease of 3.7% QoQ from ₹2189.61 crores in Q2FY25. Year-over-year, there is a significant decrease of 33.6% from ₹3179.08 crores in Q3FY24. This reduction in expenses is notable over both the quarterly and yearly periods. The earnings per share (EPS) for Q3FY25 is ₹0.10, which has decreased by 98.6% from ₹7.20 in Q2FY25. Compared to Q3FY24, where EPS was negative at ₹-3.00, there is an improvement. The financial data provided does not include sufficient information to calculate other key financial ratios such as the P/E ratio, debt-to-equity ratio, or current ratio, limiting a more detailed analysis of the company's operational efficiency and financial health.
