• Strong revenue growth can be attributed to good performance from both Rosa TPS and Butibori TPS.
• Expansion in margin is largely on account of lower fuel cost which as proportion to sales was down by 580 bps to 50.9%. Similarly the employee cost too was lower by 130 bps to 0.6%. While the costs of operations higher by modest 10 bps (to 2.5%) and other expenses higher by 80 bps to 3.3% that could not completely offset the gain in both fuel and staff cost, thus paving for expansion in OPM. Thus gained by higher sales and 610 bps expansion in OPM the operating profit grew by sharp 43%.
• Other income was lower by 7% to Rs 95.84 crore. The interest cost was up by 58% to Rs 285.81 crore and the depreciation was up by 62% to Rs 119.42 crore. Thus hurt the growth at PBT moderated to 14% to Rs 365.85 crore.
• Taxation was up by 70% to Rs 89.38 crore. Hit further the net-profit eventually stood higher by modest 3% to Rs 276.47 crore.

Consolidated yearly performance

Sale for the period was higher by 34% to Rs 6852.74 crore. Higher sales together with 70 bps expansion in OPM resulted in 37% growth in operating profit to Rs 2535.01 crore. But the growth at PBT was modest 4% (to Rs 1286.36 crore) dragged down by lower other income, higher interest and depreciation. With taxation stand higher by 22% (to Rs 258.04 crore) the net profit eventually stood flat at RS 1028.32 crore.

Other developments

Reliance Power's generating capacity is now stands at 5945 MW with entire capacity of 3960 MW of the Sasan UMPP coming on stream with last unit of it get commissioned in Q4FY15. The 20 MTPA Sasan Coal mines are already operational.

The stock hovers around Rs 54.15.