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Reliance Power Q2 net loss widens to Rs 340 crore on higher expenses

on Thursday reported widening of its consolidated internet loss to Rs 340.26 crore within the September quarter, primarily attributable to greater bills.

The consolidated internet lack of the corporate stood at Rs 133.10 crore within the quarter ended September 30, 2021, it stated in a BSE submitting.

Complete bills of the corporate rose to Rs 2,216.07 crore within the quarter from Rs 1,979.17 crore in the identical interval a yr in the past.

Its complete revenue elevated to Rs 1,945.14 crore from Rs 1,886.82 crore earlier.

made a debt compensation of Rs 390 crore within the quarter. The corporate added that it’s on monitor to repay Rs 1,500 crore debt in FY’23.

(Solely the headline and movie of this report could have been reworked by the Enterprise Customary employees; the remainder of the content material is auto-generated from a syndicated feed.)

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