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Reliance Power shares in focus after company swings to ₹126 crore profit in Q4

Reliance Power shares in focus after company swings to ₹126 crore profit in Q4
Total income for the quarter fell to ₹2,066 crore from ₹2,193.85 crore a year earlier. However, total expenses dropped significantly to ₹1,998.49 crore from ₹2,615.15 crore, supporting the turnaround in profitability.
Reliance Power shares will be in focus on Monday after the company posted a consolidated net profit of ₹126 crore for the January–March quarter of FY25, compared to a loss of ₹397.56 crore in the same period last year, driven by a sharp decline in expenses, according to a regulatory filing.Total income for the quarter fell to ₹2,066 crore from ₹2,193.85 crore a year earlier. However, total expenses dropped significantly to ₹1,998.49 crore from ₹2,615.15 crore, supporting the turnaround in profitability.

For the full FY25, Reliance Power reported a consolidated net profit of ₹2,947.83 crore, against a loss of ₹2,068.38 crore in FY24.

The company also said it completed debt servicing of ₹5,338 crore over the past 12 months, including maturity repayments. As a result, its debt-to-equity ratio improved to 0.88:1 in FY25 from 1.61:1 in FY24.On the technical front, the stock's Relative Strength Index (RSI) stands at 44.1. An RSI below 30 is considered oversold, while above 70 is overbought. The MACD is at 0.4, below both its Signal Line and Center Line, indicating a strong bearish signal.Reliance Power shares are currently trading below their 10-day, 20-day, 30-day, 100-day, and 150-day simple moving averages (SMAs), but remain above the 50-day and 200-day SMAs.On Friday, Reliance Power shares closed 0.9 per cent higher at ₹38.6 on the BSE, even as the Sensex fell 1.1 per cent . The stock is down 13.5 per cent so far in 2025, but has gained 222 per cent over the past two years. Its market capitalisation stands at ₹15,525 crore.Reliance Power, part of the Reliance Group, is one of India’s leading private sector power generators. It has an operational portfolio of 5,305 megawatts, which includes 3,960 megawatts from Sasan Power, the world’s largest integrated coal-based power plant. Sasan Power has consistently been ranked as India’s best-performing power plant for the past seven years.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)

  • Published On May 12, 2025 at 08:37 AM IST
energy.economictimes.indiatimes

energy.economictimes.indiatimes

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