Reliance Power Reports Rs 13.93 Crore Loss in December 2021 Quarter
Reliance Power on Thursday reported a loss of Rs 13.93 crore for the December quarter, mainly due to lower revenues.
New Delhi, Feb 10: Reliance Power on Thursday reported a loss of Rs 13.93 crore for the December quarter, mainly due to lower revenues.
The company had posted a consolidated net profit of Rs 52.29 crore for the quarter ended December 31, 2020, it said in a BSE filing.
Total income dipped to Rs 1,858.93 crore in the quarter, from Rs 2,006.66 crore in the same period a year ago. ICICI Prudential Life Insurance Posts Rs 311 Crore Net Income for December 2021 Quarter, Policy Sales Jump 20%.
Reliance Power Limited, a part of the Reliance Group, has one of the largest portfolios of power projects in the private sector, based on coal, gas, hydro and renewable energy, with an operating portfolio of 5,945 megawatts.
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