New, Delhi: Reliance Power stock on Monday jumped over 12.50 percent after the company reported a net profit of Rs 126 crore in the January-March quarter of FY25.
The stock gained 12.54 percent to Rs 43.50 on both Group and N units.
Reliance Power on Friday reported an overall net profit of Rs 126 crore in the January-March quarter of FY25 on the back of lower expenses.
The company had posted a loss of Rs 397.56 crore in the quarter ended March 31, 2024, as per a certificate filing.
Total income in the fourth quarter stood at a record Rs 2,066 crore as against Rs 2,193.85 crore in the same period a year ago.
Total revenue stood at Rs 1,998.49 crore in the quarter under review as against Rs 2,615.15 crore a year ago.
The annual net profit stood at Rs 2,947.83 crore during FY 2024-25.
The company had posted a loss of Rs 2,068.38 crore in FY 2023-24.
