Reliance Power Q4 Results | Firm swings to black, posts INR 126 crore profit, revenue dips 1%

Anil Ambani's Reliance Power Ltd on Friday (May 9) reported a net profit of INR125.6 crore for the fourth quarter that ended March 31, 2025. In the corresponding quarter of the previous fiscal, Reliance Power posted a net loss of INR397.6 crore, the company said in a regulatory filing.
The company's revenue from operations dipped 1% to INR 1,978 crore as against INR 1,997 crore in the corresponding period of the preceding fiscal. At the operating level, EBITDA jumped 1,109% to INR 589.8 crore in the fourth quarter of this fiscal over INR48.8 crore in the corresponding period in the previous fiscal. EBITDA margin stood at 29.8% in the reporting quarter as compared to 2.4% in the corresponding period in the previous fiscal. EBITDA is earnings before interest, tax, depreciation, and amortisation.
Reliance Power reported a total income of INR 2,066 crore for the fourth quarter of FY2025. The company serviced total debt obligations, including maturity repayments, amounting to INR 5,338 crore over the last 12 months. As of FY2025, its debt-to-equity ratio improved significantly, dropping to 0.88:1 from 1.61:1 in FY2024, making it one of the lowest in the industry. Net worth stood at INR 16,337 crore as of March 31, 2025.
Operationally, Reliance Power's 3,960 MW Sasan Ultra Mega Power Project in Madhya Pradesh achieved a plant load factor (PLF) of approximately 87%, making it one of the top-performing thermal plants in the country. Its 1,200 MW Rosa Power Plant in Uttar Pradesh maintained an availability rate of around 97%. Importantly, the company reported zero bank debt and no defaults. Reliance Nu Suntech Private Limited, a wholly owned subsidiary, 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 comprise 930 MW of solar capacity paired with a 465 MW/1860 MWh BESS and is expected to attract investment of up to INR10,000 crore. It will operate at a fixed tariff of INR 3.53 per unit for the entire duration of the PPA. The results came after the close of the market hours. Shares of Reliance Power Ltd ended at INR 38.65, up by INR 0.36 or 0.94% on the BSE.
