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Reliance Power Q1FY09 PAT at Rs61.22 cr

Reliance Power Q1FY09 PAT at Rs61.22 cr
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First Published: Fri, Jul 25 2008. 03 07 PM IST
Updated: Fri, Jul 25 2008. 03 07 PM IST
Mumbai: Anil Ambani group firm Reliance Power reported a consolidated net profit of Rs61.22 crore for Q1FY09 ended June 2008.
“The consolidated total income stood at Rs80.55 crore in the latest quarter,” Reliance Power said in a filing to the Bombay Stock Exchange.
On a standalone basis, the company reported a profit after tax of Rs59.70 crore and a total income of Rs77.67 crore for the June quarter of this fiscal. Previous year figures were not available as the company got listed on the bourses on May 11, 2007.
“The company is currently developing an installed capacity of 28,200 MW,” the filing added.
The company’s net worth was at Rs 13,598 crore, while the Earnings Per Share (EPS) stood at Rs0.26.
The company is currently developing two power projects — Rosa Phase I (600 MW) and Sasan UMPP (3,960 MW). “First unit of Sasan UMPP is expected to be commissioned in December 2011 and the project is expected to be commissioned by March 2013,” it said.
“The Reserve Bank of India had approved the company to raise $2 billion (about Rs8,500 crore) each of External Commercial Borrowings for both Sasan and Krishnapatnam UMPPs,” it added.
Shares of the company were trading at Rs172.30, down 2.1% in the late afternoon trade on the BSE.
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First Published: Fri, Jul 25 2008. 03 07 PM IST