Anil Ambani -led Reliance Group company Reliance Power has a net profit of Rs 41.95 crore in the third quarter of the current financial year. The company gave this information to the stock markets.
The company had a loss of Rs 1,136.75 crore in the same quarter of the last financial year. The total income of the company increased to Rs 2,159.44 crore during the quarter, which was Rs 1,998.79 crore in the same period a year ago.
The company’s expenditure in the October-December quarter of the current financial year stood at Rs 2,109.56 crore, which is less than Rs 3,167.49 crore in the third quarter of the previous financial year.
In a statement, the company said that it has achieved the status of zero bank loan, which means that there is no bank or any public outstanding balance on it.