Business Daily from THE HINDU group of publications
Friday, Apr 24, 2009
ePaper | Mobile/PDA Version | Audio | Blogs
Business Daily from THE HINDU group of publications Friday, Apr 24, 2009 ePaper | Mobile/PDA Version | Audio | Blogs |
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Corporate Results
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Power Reliance Power net profit at Rs 248 cr Our Bureau Mumbai, April 23 Reliance Power Ltd, which has yet to start its commercial operations, has reported net profit of Rs 248 crore for financial year 2008-09. For 2007-08, the net profit was Rs 94 crore. It has reported for fiscal 2008-09 total income of Rs 334 crore as against Rs 132 crore in 2007-08. Of the Rs 11,563 crore collected from the IPO by the company, Rs 2,948 crore has been invested in the various power projects and Rs 8,612 core has been parked in fixed maturity plans of mutual funds. The stock was traded at Rs 128.05 (Rs 125.95) on the BSE. More Stories on : Power | Reliance Power Ltd
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