Reliance Power Limited — Board Meeting, 05-02-2025: Outcome of Board Meeting

Reliance Power has announced a board meeting focusing on the approval of its financial results for the quarter and nine months ended December 31, 2024. Key highlights include total income of Rs. 2,159 crore and EBITDA of Rs. 492 crore, with a profit after tax of Rs. 42 crore. The company emphasized significant improvements, reducing its debt to equity ratio from 1.61:1 in FY24 to 0.86:1 in Q3FY25, and maintaining zero bank debt. The board additionally discussed the recent contract won by its subsidiary for Asia's largest solar and battery storage project, further solidifying its operational capabilities.