Reliance Power Limited’s shares slipped over 2% in early Tuesday trade after the company announced its Q2 FY26 results, revealing a sharp decline in net profit despite strong revenue and operating performance. As of 9:39 AM, the shares were trading 2.38% lower at Rs 40.12.
On a year-on-year (YoY) consolidated basis, the company reported a 12.2% rise in revenue to ₹1,974 crore, compared to ₹1,760 crore in the same quarter last year. The company’s EBITDA jumped 64.3% to ₹618 crore, up from ₹376 crore, showcasing strong operational efficiency. The EBITDA margin expanded significantly to 31.3% from 21.4%, reflecting improved cost management and higher generation efficiency.
However, despite these positive trends, Reliance Power’s net profit plunged 97% YoY to just ₹87.3 crore, compared to a massive ₹2,878 crore in the previous year’s quarter.
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