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R Power Q2 FY10 : Net zooms 5.22 times

rel power

Reliance Power, India`s leading private sector power generation company, has achieved a significant zoom in profit and posted a net profit for the Q2 of the current fiscal (FY10). During the said quarter, profit increased 5.22 times to Rs 1945.32 million from Rs 372.179 million in the same quarter previous year(FY09).

The company informed the market that the total income increased by 4.32 times to Rs 2461.50 million in this current quarter while it was Rs 569.59 million in the corresponding quarter of the last fiscal (FY09).

Reliance Power share’s CMP is Rs 150.45 on 27th Oct 09.

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