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Reliance Power reported a consolidated net loss of INR 494 crore for the quarter ended March 31, compared with a profit of INR 125.57 crore in the same quarter last year, as per a regulatory filing in New Delhi this week. Total income declined to INR 1,946.33 crore from INR 2,065.64 crore year-on-year. For FY26, the company posted a net loss of INR 336.89 crore against a profit of INR 2,947.83 crore in FY25. Total income also dropped to INR 7,988.52 crore from INR 8,257.04 crore. The board approved fundraising plans of up to INR 6,000 crore and INR 3,000 crore in debentures.
Reliance Power has reported a consolidated net loss of INR 494 crore for the quarter ended March 31, as per a regulatory filing made in New Delhi this week. In the same quarter of the previous financial year, the company had recorded a consolidated net profit of INR 125.57 crore. Advertisement
The company’s total income for the quarter declined to INR 1,946.33 crore, compared with INR 2,065.64 crore in the corresponding period last year, showing a decline in revenue performance.
For FY26, Reliance Power posted a consolidated net loss of INR 336.89 crore, reversing from a net profit of INR 2,947.83 crore reported in FY25. Total income for the fiscal also fell to INR 7,988.52 crore from INR 8,257.04 crore in the previous year.
Reliance Power, part of the Anil Dhirubhai Ambani Group, has seen financial fluctuations over the years, including past restructuring efforts and debt-related challenges in its earlier operational phases. Despite this, the company has continued to focus on stabilising operations and improving its balance sheet position.
Alongside the financial results, the board approved a proposal to raise up to INR 6,000 crore through equity shares, equity-linked instruments and other eligible securities. The funds will be raised from qualified institutional buyers through a Qualified Institutions Placement (QIP) and/or a follow-on public offer or a combination of both.
The board also approved issuance of secured or unsecured, redeemable, non-convertible debentures worth up to INR 3,000 crore, to be issued in one or more tranches through private placement or other permitted modes.
Source PTI
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