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Reliance Power Reports Positive Quarterly Financial Results

Story Highlights
  • Reliance Power Limited focuses on power generation and distribution in India.
  • The company reported a significant profit turnaround for the quarter ending December 31, 2024.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Reliance Power Reports Positive Quarterly Financial Results

Confident Investing Starts Here:

Reliance Power Limited ( (IN:RPOWER) ) has shared an announcement.

Reliance Power Limited announced the outcome of its Board Meeting held on February 5, 2025, where the board approved the unaudited financial results for the quarter and nine months ending December 31, 2024. The company reported a consolidated profit after tax of INR 4,195 lakhs for the quarter, marking a significant turnaround from the losses incurred in the previous period. This positive financial performance indicates improved operational efficiency and could enhance the company’s market position, benefiting stakeholders and potentially attracting more investors.

More about Reliance Power Limited

Reliance Power Limited is a major player in the energy sector, primarily focusing on power generation and distribution. The company operates a diverse portfolio of power projects across India, leveraging both renewable and non-renewable energy sources to meet the country’s growing electricity needs.

YTD Price Performance: -10.68%

Average Trading Volume: 2,863,788

Current Market Cap: 152.7B INR

Find detailed analytics on RPOWER stock on TipRanks’ Stock Analysis page.

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