Reliance Power Q1 FY 2025-26 Quarterly Results
- 2d ago
Result Summary
- Reliance Power Ltd reported a 7.7% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Jun (Q1FY26). On a year-on-year (YoY) basis, it witnessed a decline of 2.1%.
- Its expenses for the quarter were down by 25.3% QoQ and 8.8% YoY.
- The net profit decreased 111.2% QoQ and decreased 145.7% YoY.
- The earnings per share (EPS) of Reliance Power Ltd stood at 0.1 during Q1FY26.
Financial Statments for Q1FY26
| (₹ crores) | Q1FY26 | Q4FY25 | Q1FY25 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 2025.31 | 2193.85 | 2069.18 | -7.7% | -2.1% |
Total Expenses | 1953.01 | 2615.15 | 2142.51 | -25.3% | -8.8% |
Profit Before Tax | 72.30 | -461.35 | -73.33 | -115.7% | -198.6% |
Tax | 27.62 | -46.07 | 24.95 | -160.0% | 10.7% |
Profit After Tax | 44.68 | -397.56 | -97.85 | -111.2% | -145.7% |
Earnings Per Share | 0.10 | -1.00 | -0.20 | -110.0% | -150.0% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Reliance Power Ltd is a part of the Reliance Group, one of India's largest conglomerates. The company is primarily engaged in the production of power and operates power projects in several states across India. Reliance Power's portfolio includes projects based on coal, gas, hydroelectric, and renewable energy sources. The company aims to provide reliable and cost-effective power through its various infrastructure projects. It has been focusing on expanding its renewable energy capacity, aligning with global trends towards sustainable energy solutions. Recent major developments in the company are not specified in the provided data.
Reliance Power Revenue
In Q1FY26, Reliance Power Ltd reported a total income of ₹2025.31 crores, which marks a decrease from both the previous quarter (Q4FY25) and the same quarter in the previous year (Q1FY25). The quarter-over-quarter (QoQ) decline was 7.7%, while the year-over-year (YoY) decrease was 2.1%. These figures reflect changes in the company's revenue streams and could be influenced by various factors such as market conditions, demand fluctuations, or operational adjustments. The total income metric is an essential indicator of the company's ability to generate revenue from its business activities.
Reliance Power Profitability
Reliance Power Ltd's profitability showed a notable turnaround in Q1FY26. The company recorded a profit before tax (PBT) of ₹72.30 crores, a significant improvement from the previous quarter (Q4FY25) where it posted a loss before tax of ₹461.35 crores. This change represents a QoQ improvement of 115.7%. Compared to the same period last year (Q1FY25), when the company had a loss before tax of ₹73.33 crores, the YoY change was 198.6%. Profit after tax (PAT) was ₹44.68 crores in Q1FY26, compared to a loss of ₹397.56 crores in Q4FY25 and a loss of ₹97.85 crores in Q1FY25. The QoQ change in PAT was 111.2%, and the YoY change was 145.7%. Earnings per share (EPS) were ₹0.10 in Q1FY26, compared to -₹1.00 in Q4FY25 and -₹0.20 in Q1FY25, with respective QoQ and YoY changes of 110.0% and 150.0%.
Reliance Power Operating Metrics
Total expenses for Reliance Power Ltd in Q1FY26 were ₹1953.01 crores, which is a reduction from the previous quarter's ₹2615.15 crores, reflecting a QoQ decrease of 25.3%. Compared to Q1FY25, where expenses were ₹2142.51 crores, there was an 8.8% YoY reduction. This decrease in expenses could be due to cost-cutting measures or operational efficiencies. The tax expense for Q1FY26 was ₹27.62 crores, compared to a tax refund of ₹46.07 crores in Q4FY25 and a tax expense of ₹24.95 crores in Q1FY25, indicating a 160.0% change QoQ and a 10.7% increase YoY. These metrics provide insights into the company's operational cost management and fiscal responsibilities.