RPower Q2 profit drops 97% as board approves FCCB issue
after close1 source ↓written by the desknot a recommendation
- in consolidated net
- 97% YoY decline
- for Q2 FY26
- ₹87.3 cr
- last year
- ₹2,878 cr
- Revenue rose
- 12.2%
- ₹1,974 cr
Reliance Power Ltd reported a 97% YoY decline in consolidated net profit to ₹87.3 cr for Q2 FY26, down from ₹2,878 cr last year. Revenue rose 12.2% to ₹1,974 cr, while EBITDA surged 64.3% to ₹618 cr. The board approved a proposal for FCCBs up to $600 million. 📉
This sharp profit drop may impact investor sentiment, despite revenue growth and improved margins. The FCCB issuance could provide necessary capital for future projects.
Not investment advice. For informational purposes only.