Q4FY17 Results : Reliance Power Ltd.
Rohan Takalkar / 14 Apr 2017
Reliance Power Ltd. reported its results for the quarter ended March 31 2017 on Thursday. The company's sales for Q4FY17 came in at Rs. 2466.4 crore, which represents a 11.21 per cent sequential decline and 0.1 per cent YoY decline.
Reliance Power Ltd. reported its results for the quarter ended March 31 2017 on Thursday.
The company's sales for Q4FY17 came in at Rs. 2466.4 crore, which represents a 11.21 per cent sequential decline and 0.1 per cent YoY decline.
Its operating profit (EBIT) for the quarter was Rs. 892 crore and its EBIT margin was 36.19 per cent.
The company reported PAT of Rs. 215.9 crore, which represents a sequential QoQ decline of 21.6 per cent and a YoY increase of 250.7 per cent.
The company's stock opened at Rs. 48.2 on the BSE and closed 1.35 per cent down.
Reliance Power Limited is a part of the Reliance group which develops, constructs and operates power projects domestically and internationally. The company has seven coal-fired projects, two gas-fired projects and seven hydroelectric projects under development.
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