Reliance Power reported a consolidated net loss of ₹494.00 crore in the quarter ended March 2026, marking a significant reversal from the net profit of ₹125.57 crore recorded in the corresponding quarter of the previous year. According to reports from Business Standard, the company's financial performance showed a dramatic shift during the quarter, with operational metrics also declining across key parameters. The latest results show total income declined to ₹1,946.33 crore during the quarter under review from ₹2,065.64 crore in the year-ago period.
The company's sales declined 4.59% to ₹1,887.26 crore in Q4 FY26 compared to ₹1,978.01 crore in the same quarter of the previous year. As reported by Business Standard, the operating profit margin (OPM) deteriorated significantly to 30.54% in Q4 FY26 from 29.82% in Q4 FY25. Additionally, PBDT (Profit Before Depreciation and Tax) fell 42% to ₹161.30 crore from ₹278.56 crore year-on-year, indicating substantial operational challenges during the quarter.
For the complete financial year 2026, Reliance Power reported a net loss of ₹336.89 crore compared to a net profit of ₹2,947.83 crore in the previous financial year. According to Business Standard reports, the company's annual sales increased marginally by 0.49% to ₹7,619.71 crore in FY26 from ₹7,582.89 crore in FY25. The full-year PBDT showed a 47% increase to ₹1,065.92 crore from ₹726.54 crore in the previous year, demonstrating improved operational performance despite the quarterly challenges. However, total income dipped to ₹7,988.52 crore in FY26 from ₹8,257.04 crore in the previous fiscal year.
The company's board has approved significant fundraising proposals to strengthen its financial position. According to Business Standard, the board approved a proposal for raising funds up to ₹6,000 crore through the issuance of equity shares, equity-linked instruments and/or other eligible securities to qualified institutional buyers via a Qualified Institutions Placement and/or a follow-on-public offer or a combination of both. Additionally, the board approved a proposal for issuance of secured/unsecured, redeemable, nonconvertible debentures up to ₹3,000 crore, in one or more tranches/series, on a private placement basis or otherwise. The financial results reflect the company's challenging operating environment during the quarter, with both revenue and profitability metrics showing deterioration, though the company's ability to maintain positive annual performance despite quarterly losses suggests resilience in its business model.
