Reliance Power reports ₹494cr net loss in March quarter
Business
Reliance Power just had a rough quarter, reporting a ₹494 crore net loss for March 2026, a sharp turnaround from last year's profit.
The company's income also slipped compared to the same period in 2025.
Board plans ₹6,000cr securities, ₹3,000cr debentures
For the full year, losses totaled ₹336.89 crore (last year was a huge profit).
To bounce back, the board is gearing up to raise up to ₹6,000 crore through new shares or other securities.
Plus, they're planning to issue debentures worth up to ₹3,000 crore.