Reliance Power on Thursday posted nearly 6 per cent rise in consolidated net profit at Rs 52.29 crore for December quarter 2020 mainly due to higher revenues.
The company logged a profit of Rs 49.38 crore in the year-ago period, a BSE filing said.
Total income rose to Rs 2,006.66 crore in the quarter from Rs 1,897.93 crore a year ago.
The company said its debt to equity ratio of 2.24 in the quarter is among the lowest in the industry.
It further said despite the pandemic, the company repaid Rs 1,271 crore debt in nine months ended December 31, 2020 and will repay Rs 2,000 crore in March quarter of this fiscal to further improve the debt to equity ratio.
