Reliance Power Turns Profitable in Q1 with ₹45 Cr Net Profit {update}

Expenses were trimmed sharply. The total dropped to ₹1,953 crore, compared to ₹2,142.5 crore last year. That cut played a big role in bringing the company back into profit. The company’s EBITDA jumped to ₹565 crore.

This kind of cost control shows tight operational discipline. Even though the topline slipped slightly, the bottom line improved sharply.

The company’s major plants delivered solid performance. The Sasan Ultra Mega Power Project in Madhya Pradesh ran at 91% capacity. The Rosa plant in Uttar Pradesh did even better — 97% availability.

That level of reliability makes a difference. It keeps the cash coming in and reduces downtime issues.

Reliance Power isn’t just sticking to coal. Through its green energy arm, Reliance NU Energies, the company is diving into solar-plus-storage.

It has won a project from SJVN to set up 350 MW of solar with battery backup. The project includes 600 MW of solar and a 175 MW/700 MWh battery system. The price for each unit is fixed at ₹3.33. This kind of pricing makes it easier to stay competitive in the clean energy race.

The company paid off ₹584 crore in debt during the quarter. The debt-to-equity ratio is now at 0.43, which is quite low for a power firm.

Net worth? ₹16,431 crore as of June 30, 2025. That gives it a stable financial base to build on.

If you’re someone who prefers safe and steady returns, you might also want to explore Fixed Deposits (FDs). Many investors use a mix of stocks and FDs to balance risk.

Reliance Power isn’t stopping here. The board has cleared a fundraising plan worth ₹9,000 crore. Out of this, ₹6,000 crore will be raised through equity via QIP or FPO. The rest ₹3,000 crore will be through debentures.

The goal is clear — lower the debt, improve infrastructure, and scale its clean energy push. If all goes well, this could set the company up for more stable earnings.

The stock has done well in 2025. It’s up over 43% this year and nearly 130% in the last 12 months. Although there’s been a slight dip in the last 30 days, the overall momentum is strong.

With Q1 results like this, investors will be watching closely. The company has shown it can clean up its balance sheet and push forward.

This quarter could be a turning point. Reliance Power is showing real effort in managing costs, operating plants efficiently, and planning future growth.

Now the focus shifts to execution. Can they deliver on solar? Can they keep the profits coming? The next few quarters will have the answers.