Hot Pursuit     10-Jun-19
Reliance Power tumbles after dismal Q4 result
Reliance Power was down 13.78% to Rs 5.32 at 10:18 IST on the BSE, after the company reported a consolidated net loss of Rs 3559.52 crore in Q4 March 2019 as compared to net profit of Rs 188.20 crore in Q4 March 2018.
The result was announced on Saturday, 8 June 2019.

On the BSE, 33.04 lakh shares were traded in the counter so far compared with average daily volumes of 82.66 lakh shares in the past two weeks. The stock had hit a high of Rs 5.56 so far during the day. The stock a 52-week low of Rs 4.71 in intraday trade today, 10 June 2019. It hit a 52-week high of Rs 39.25 on 03 September 2018.

Reliance Power's total income fell 27.30% to Rs 1687.86 crore in Q4 March 2019 over in Q4 March 2018. The company reported Rs 4170.19 crore in Q4 March 2019 as impairment loss, of which Rs 1017.02 crore was reduced through withdrawal from its general reserves.

The board of directors has approved raising resources by issuing debt securities by way of privately placed debentures.

Reliance Power is private sector power generation and coal resources company. The company has portfolio of power projects in the private sector, based on coal, gas, hydro and renewable energy, with an operating portfolio of 5,945 megawatts.

Previous News
  Reliance Power reports consolidated net loss of Rs 296.31 crore in the June 2023 quarter
 ( Results - Announcements 10-Aug-23   07:45 )
  Reliance Power reports consolidated net loss of Rs 397.56 crore in the March 2024 quarter
 ( Results - Announcements 25-May-24   12:59 )
  Reliance Power hits the roof on settling debt obligations of DBS Bank India
 ( Hot Pursuit - 22-Mar-24   12:16 )
  Reliance Power reports standalone net loss of Rs 59.27 crore in the September 2021 quarter
 ( Results - Announcements 27-Oct-21   16:51 )
  Tata Teleservices (Maharashtra) Ltd leads losers in 'A' group
 ( Hot Pursuit - 06-Sep-22   15:00 )
  Reliance Power reports consolidated net loss of Rs 49.05 crore in the September 2021 quarter
 ( Results - Announcements 27-Oct-21   17:58 )
  Reliance Power schedules AGM
 ( Corporate News - 24-Aug-21   17:02 )
  Reliance Power announces board meeting date
 ( Corporate News - 27-Apr-23   12:42 )
  Board of Rel Infra approves subscription to preferential issue of RPower
 ( Corporate News - 14-Jun-21   11:54 )
  Reliance Power to announce Quarterly Result
 ( Corporate News - 23-May-19   10:07 )
  Reliance Power to convene board meeting
 ( Corporate News - 09-Nov-19   12:37 )
Other Stories
  Tata Motors total sales drop 11% YoY in Sept’24
  01-Oct-24   15:33
  Vipul Organics hits all-time high after board OKs Rs 25 cr right issue
  01-Oct-24   15:06
  Magellanic Cloud Ltd leads losers in 'A' group
  01-Oct-24   15:00
  Kamdhenu Ventures Ltd leads losers in 'B' group
  01-Oct-24   14:45
  GE Power India rises on bagging order worth Rs 240-cr
  01-Oct-24   14:41
  Volumes jump at Caplin Point Laboratories Ltd counter
  01-Oct-24   14:30
  TVS Motor registers 20% growth in September 2024 sales; Q2 total sales at 12.28 lakh units
  01-Oct-24   14:07
  Oil and Gas shares slide
  01-Oct-24   14:00
  Telecom shares fall
  01-Oct-24   14:00
  Real Estate stocks slide
  01-Oct-24   14:00
Back Top