Bigul

Reliance Power Q4 net jumps three-fold on lower tax expense at Rs 216 cr

Anil Ambani promoted Reliance Power Ltd reported a net profit of Rs.215.90 crore for the March 2017 ended quarter, significantly higher from Rs.61.55 crore reported in the same period a year back.The rise in net profit was on the back improved performance due to fall in total expenses. The company's total income rose 6% to Rs.2696.50 crore, from Rs.2548.94 crore. In the same period, the company total expenses fell 3% to Rs2311.1 crore from Rs.2372.12 crore reported a year back. The company's expenses were lower due to lower fuel and finance costs for the quarter.Earnings before interest, taxation, depreciation and ammortisation or Ebitda were at Rs.1066 crore for the March quarter.For the full financial year 2016-2017, the company reported a net profit of Rs1104 crore, up 23% and an Ebitda of Rs.4506 crore for the entire year.On the operational side, the company reported plant availability of 100% at its Rosa power plant and solar facility in Rajasthan. Availability at Sasan power...
14-04-2017
Bigul

Updates

In terms of Regulation 52(5) of the SEBI (LODR) Regulations,2015, we enclose a certificate from Debenture Trustee viz. IDBI Trusteeship Services Limited for the half-year ended March 31,2017
13-04-2017
Bigul

Updates

In terms of Regulation 57 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we confirm that we have submitted all the documents and intimations to the Debenture Trustee viz. IDBI Trusteeship Services Limited in terms of respective Trust Deed(s) and have complied with the Securities and Exchange Board of India (Issue and Listing of Debt Securities) Regulations, 2008.
13-04-2017
Bigul

Outcome of Board Meeting

Pursuant to the requirements of the Listing Regulations, we would inform you that at the meeting of the Board of Directors held today, the Board has, subject to the approval of the shareholders, elevated Shri N Venugopala Rao, who was appointed as the Chief Executive Officer of the Company in November 2015, to the position of a Whole Time Director for a period of three years. The above appointment comes into effect immediately. Shri Rao,...
13-04-2017
Bigul

Statement Of Audited Financial Results(Consolidated And Standalone) For The Quarter And Financial Year Ended March 31, 2017

Further to our letter dated April 5, 2017 and pursuant to Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015(hereinafter referred to as the Listing Regulations, we enclose herewith the audited financial results (both Consolidated and Stand-alone) of the Company for the financial year ended March 31, 2017 and the unaudited financial results for the fourth Quarter ended on...
13-04-2017
Bigul

Certificate Under Regulation 40(9) Of The SEBI ( Listing Obligations And Disclosure Requirements) Regulations, 2015

In Compliance with the requirements of Regulation 40(10) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we forward herewith a certificate issued by M/s Ashita Kaul & Associates, Practicing Company Secretaries for the half year ended March 31, 2017 pursuant to Regulation 40(9) of the above Regulations
12-04-2017
Bigul

Analysts Call

We wish to inform that an Analysts Call on the Audited Financial Results of the Company for the financial year ended March 31, 2017 will be held at 06.30 P.M. on Thursday, April 13, 2017.
12-04-2017
Bigul

Indian, Bangladeshi Companies Ink Pacts Worth Over $9 Billion

The MoUs include an implementation and power purchase agreement between Reliance Power and the Ministry of Power, Energy and Mineral Resources.
10-04-2017
Bigul

Press Release

We are pleased to inform you that the Company has executed project agreements in respect of the Integrated LNG Based Combined Cycle Power Project to be developed in Bangladesh by our Subsidiary Company. The agreements have been exchanged in the august presence of the Honorable Prime Minister of Bangladesh today.
10-04-2017
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