The sales of Reliance Power dives 1 PC in the fourth quarter of 2005, the total income falls by 5.83 PC

Mumbai: Anil Ambani-managed Reliance Power Limited reported in the fourth quarter, which ended on March 31 (25th quarter 25), both sales and total income.

According to a regulatory submission, the income of reliance power from business rose by 1 percent to 1,978 billion rupees, from RS 1,997 Crore in the same quarter in the last financial year (GJ 24).

The total income also decreased by 5.83 percent to 2,066 billion rupees of 2,193.85 billion rupees in the same period last year.

Despite the loss of sales, the company achieved a net profit of 125.6 billion rupees for the March quarter, which recorded a significant recovery compared to the net loss of 397.6 billion rupees in the corresponding quarter of the previous financial year.

At the operational level, the company delivered a strong leap in performance. The total costs decreased to 1,998.49 rupees in the quarter, which was due to the same period of the last financial year in the same period of 2,615.15 billion rupees.

Income before interest rates, taxes, depreciation and amortization (EBITDA) increased over 1,100 percent to 589.8 billion rupees of only 48.8 billion rupees a year ago.

The EBITDA margin also improved significantly to 29.8 percent compared to 2.4 percent in the same period of the previous year.

Reliance Power also made strong progress in strengthening his financial position.

Last year, the company successfully has the total debt worth 5,338 billion rupees in the amount of 5,338 billion and the ratio of debts to equity to 0.88: 1 of 1.61: 1 in the 2024 financial year and the lowest in the industry.

His net assets were 16,337 billion rupees on March 31, the company announced in its exchange registration.

The company announced its results after the market lessons on Friday. The Shares of Reliance Power closed on May 9 at the National Stock Exchange (NSE) at 38.79 rupees, 1.39 percent or 0.53 RS.