Reliance Power net down 80% at Rs 36.21 cr in June qtr on lower revenues

Reliance Power on Monday reported 80 per cent decline in it consolidated net profit in June quarter due to lower revenues.

The company had reported a consolidated net profit of Rs 187.48 crore in June quarter last year, a BSE filing said.

According to the statement, the company’s total income dipped to Rs 2163.39 crore in the June quarter from Rs 2377.85 crore year ago.