Reliance Power (RPOWER) Q1 24/25 earnings summary

Executive summary

• Consolidated revenue from operations for Q1 FY25 was ₹199,223 lakhs, up from ₹181,433 lakhs year-over-year.

• Consolidated net loss for the quarter was ₹9,785 lakhs, compared to a net loss of ₹29,631 lakhs in Q1 FY24.

• Standalone net profit for the quarter was ₹206 lakhs, versus a net loss of ₹1,714 lakhs in Q1 FY24.

• The Board approved the unaudited financial results on August 14, 2024.

Financial highlights

• Total consolidated income for Q1 FY25 was ₹206,918 lakhs, up from ₹185,123 lakhs year-over-year.

• Total consolidated expenses for Q1 FY25 were ₹217,263 lakhs, up from ₹214,251 lakhs in Q1 FY24.

• Standalone total income for Q1 FY25 was ₹2,989 lakhs, with total expenses of ₹2,381 lakhs.

• Standalone basic EPS for Q1 FY25 was ₹0.005, compared to ₹-0.046 in Q1 FY24.

Outlook and guidance

• The group remains positive about meeting its liabilities through capital raising, asset monetization, and realization of regulatory/arbitration claims.

• Financial statements have been prepared on a going concern basis despite uncertainties.