Reliance Power Ltd, led by Anil Ambani, has reported a net profit of ₹126 crore for the fourth quarter of FY2024-25, marking a significant turnaround from a net loss of ₹397.6 crore in the same period last year. The company attributes this recovery to lower expenses and improved operational efficiency.
Financial Highlights
- Revenue from operations dipped 1% YoY to ₹1,978 crore, compared to ₹1,997 crore in Q4 FY24.
- EBITDA surged 1,109% YoY to ₹589.8 crore, up from ₹48.8 crore in the previous fiscal.
- EBITDA margin expanded to 29.8%, compared to 2.4% in Q4 FY24.
- Total income for the quarter stood at ₹2,066 crore.
- Debt servicing of ₹5,338 crore was completed over the last 12 months.
- Debt-to-equity ratio improved to 0.88:1, down from 1.61:1 in FY24.
Operational Performance
Reliance Power’s 3,960 MW Sasan Ultra Mega Power Project in Madhya Pradesh achieved a plant load factor (PLF) of 87%, ranking among the top-performing thermal plants in India. Meanwhile, its 1,200 MW Rosa Power Plant in Uttar Pradesh maintained an availability rate of 97%.
Strategic Developments
Reliance Nu Suntech Private Limited, a wholly owned subsidiary, has signed a 25-year power purchase agreement (PPA) with the Solar Energy Corporation of India (SECI) to develop Asia’s largest integrated solar and battery energy storage system (BESS) project. The project will feature 930 MW of solar capacity paired with a 465 MW/1860 MWh BESS, with an estimated investment of ₹10,000 crore.
Market Performance
Following the earnings announcement, Reliance Power’s shares closed at ₹38.65, reflecting a 0.94% increase on the Bombay Stock Exchange (BSE).
With a strengthened financial position and ambitious renewable energy projects, Reliance Power is poised for sustained growth in India’s evolving energy sector.
