Reliance Power Q3 results: Profit up 6% at Rs 52 cr

Reliance Power NSE -2.86 % 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.

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