“The consolidated net profit of the company stood at Rs 303 crore during the same period a year ago,” said Reliance Power Ltd in a filing to the Bombay Stock Exchange.
However, the consolidated total income of the company declined marginally by 0.6 per cent to Rs 2,748 crore during Q1 2016-17, as compared to Rs 2,765 crore during the same period previous fiscal.
Operating revenue of the company was also flat Rs 2,679 crore as compared to Rs 2,684 crore in the year ago period.
During the quarter under review, its other income dipped to Rs 70 crore as against Rs 81 crore in the same period last year.
On the standalone basis, the company has posted net profit of Rs 18.27 crore as against net revenue of Rs 99.92 crore during the April-June quarter 2016.
Meanwhile, shares of the company closed trade at Rs 51.50 apiece, down 3.74 per cent, on the Bombay Stock Exchange.