Alice Blue Home
URL copied to clipboard

Trending News

Ambani stock jumps 8% after reporting 103.7% YoY increase in net profits

Leading power sector giant rebounded with ₹41.95 crore Q3 profit, reversing previous year's losses, while showing mixed operational performance and healthy 10% quarter-on-quarter growth in total income.
Ambani stock jumps 8% after reporting 103.7% YoY increase in net profits
Ambani stock jumps 8% after reporting 103.7% YoY increase in net profits

Introduction:

Leading Ambani stock has shown resilience in its Q3 FY2025 performance, bouncing back to profitability with ₹41.95 crore net profit against previous year’s loss. Despite a quarterly profit decline, the company demonstrated improved operational metrics with growing total income.

Alice Blue Image

Also Read: Cable stock under ₹20 jumps 10% after receiving order worth ₹51.06 Cr from MSEDCL

Share price movement of Reliance Power:

On February 6, 2025, Reliance Power Limited opened at ₹41.38, up 3.74% from its previous close of ₹39.89. The stock reached a high of ₹43.95 (10.18%) and a low of ₹41.00. By 10:12 AM, it traded at ₹43.51, a 9.07% increase, with a market cap of ₹17,489.89 crore.

Reliance Power Posts Q3 Turnaround Results:

Reliance Power Limited posted a remarkable turnaround with a net profit of ₹41.95 crore in Q3 FY2025, compared to a loss of ₹1,136.7 crore year-over-year, marking a 103.7% improvement. However, net profit declined 98.5% quarter-on-quarter from ₹2,878.1 crore in Q2 FY2025.

Revenue from operations at ₹1,852.8 crore showed a 5.3% increase quarter-on-quarter from ₹1,759.8 crore, but decreased 4.7% year-over-year from ₹1,943.8 crore. This mixed performance indicates varying operational dynamics across different time periods.

Total income rose to ₹2,159.4 crore, showing a healthy 10% growth quarter-on-quarter from ₹1,962.7 crore and an 8% increase year-over-year from ₹1,998.7 crore. This consistent improvement across both metrics suggests strengthening financial fundamentals.

Recent news on Reliance Power:

As of January 15, 2025, Reliance Power Ltd announced plans to invest over ₹10,000 crore in a solar power plant and integrated solar manufacturing unit in Andhra Pradesh. Its subsidiary, Reliance NU Suntech, secured a 930 MW solar project with 1860 MWh battery storage.

Stock performance of Reliance Power for Period of 1 week, 6 months and 1 year:

Reliance Power Ltd delivered strong returns, gaining 3.23% in a week, 23.5% over six months, and 46.0% in a year. This consistent growth reflects its robust performance and investor confidence, positioning it as a key player in its sector.

Also Read: Transformer stock jumps 4% after receiving order to supply power transformers to Jakson Limited

Shareholding pattern of Reliance Power:

All values in %Dec 2024Sep 2024Jun 2024
Promoter23%23%23.20%
FII13.00%13.10%12.70%
DII2.80%2.90%3.10%
Public61.00%60.70%61.00%

About Reliance Power:

Reliance Power Ltd (NSE: RPOWER) focuses on developing, constructing, and operating power projects in India and globally. With a vast portfolio, the company manages operational power generation and ongoing developments, reinforcing its position as a key player in the energy sector.

Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.

Loading
Submit the form, and get to know how you scored!!!

Gainers & Losers

Read More News
सबसे ज्यादा रिटर्न देने वाले स्टॉक्स: Covance Softsol Private और 9 अन्य स्टॉक्स ने इस हफ्ते 46% तक का रिटर्न दिया

सबसे ज्यादा रिटर्न देने वाले स्टॉक्स: Covance Softsol Private और 9 अन्य स्टॉक्स ने इस हफ्ते 46% तक का रिटर्न दिया

पिछले हफ्ते के भारत के हाई रिटर्न वाले स्टॉक्स को जानें, उनके ग्रोथ पोटेंशियल और जोखिमों का विश्लेषण करें, और

*T&C apply