Reliance Power’s board has approved the unaudited financial results for the quarter and nine months ended December 31, 2025. The company appointed Shri Sudhakar Tandon as Business Head and Shri Abhimanyu Das as Regulatory/Legal Head. The company reported a total comprehensive income of ₹2,818.05 million for the nine-month period. Results reveal challenges but continued operations in power generation.
Financial Performance Overview
The Board of Directors of Reliance Power has officially approved the unaudited financial results for Q3 2026. The key figures include:
- Total Income: ₹6,042.19 million for the nine months ended December 31, 2025.
- Profit before tax: ₹2,980.11 million for the nine months.
- Total Comprehensive Income: ₹2,818.05 million for the nine months.
While the results show a year-over-year decline in profit, the company remains focused on optimizing its operations and addressing legacy issues.
Leadership Appointments
In a strategic move, the Board has approved the appointment of two key personnel:
- Shri Sudhakar Tandon: Appointed as Business Head, bringing over 37 years of experience in the power sector. He will be responsible for driving performance improvement and operational excellence.
- Shri Abhimanyu Das: Appointed as Regulatory/Legal Head. He brings 18 years of experience, with regulatory compliance expertise.
These appointments are expected to strengthen Reliance Power’s leadership team and support its future growth initiatives.
Key Financial Ratios
Several key financial ratios reflect the financial health of Reliance Power. The following are notable:
- Debt Service Coverage Ratio: 1.05
- Interest Service Coverage Ratio: 1.05
- Debt Equity Ratio: 0.43
Ongoing Challenges
The results also highlight some ongoing challenges that impact the financial results:
- The potential impact on consolidated financial results due to the carrying value and impairment assessment of assets within Rajasthan Sun Technique Energy Private Limited (RSTEPL).
- Legal cases which are still ongoing.
The financials were prepared on a going concern basis despite challenges the company is facing.
Source: BSE
