Latest News | Reliance Power Q2 Loss Widens to Rs 340 Cr
Get latest articles and stories on Latest News at LatestLY. Reliance Power on Thursday reported widening of its consolidated net loss to Rs 340.26 crore in the September quarter, mainly due to higher expenses.
New Delhi, Nov 10 (PTI) Reliance Power on Thursday reported widening of its consolidated net loss to Rs 340.26 crore in the September quarter, mainly due to higher expenses.
The consolidated net loss of the company stood at Rs 133.10 crore in the quarter ended September 30, 2021, it said in a BSE filing.
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Total expenses of the company rose to Rs 2,216.07 crore in the quarter from Rs 1,979.17 crore in the same period a year ago.
Its total income increased to Rs 1,945.14 crore from Rs 1,886.82 crore earlier.
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Reliance Power made a debt repayment of Rs 390 crore in the quarter. The company added that it is on track to repay Rs 1,500 crore debt in FY'23.
(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)