Reliance Power: Reliance Power Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2024

Reliance Power Limited reported earnings results for the third quarter and nine months ended December 31, 2024. For the third quarter, the company reported sales was INR 18,528.4 million compared to INR 19,438.3 million a year ago. Revenue was INR 21,594.4 million compared to INR 19,987.9 million a year ago. Net income was INR 419.5 million compared to net loss of INR 11,367.5 million a year ago. Basic earnings per share from continuing operations was INR 0.104 compared to basic loss per share from continuing operations of INR 3.298 a year ago. Diluted earnings per share from continuing operations was INR 0.097 compared to diluted loss per share from continuing operations of INR 3.298 a year ago. Basic earnings per share was INR 0.104 compared to basic loss per share of INR 2.983 a year ago. Diluted earnings per share was INR 0.097 compared to diluted loss per share of INR 2.983 a year ago. For the nine months, sales was INR 56,048.8 million compared to INR 58,959.5 million a year ago. Revenue was INR 61.91 million compared to INR 60,663.8 million a year ago. Net income was INR 28,222.3 million compared to net loss of INR 16,708.2 million a year ago. Basic earnings per share from continuing operations was INR 7.026 compared to basic loss per share from continuing operations of INR 4.849 a year ago. Diluted earnings per share from continuing operations was INR 6.843 compared to diluted loss per share from continuing operations of INR 4.849 a year ago. Basic earnings per share was INR 7.026 compared to basic loss per share of INR 4.434 a year ago. Diluted earnings per share was INR 6.844 compared to diluted loss per share of INR 4.434 a year ago.