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Reliance Power clocks Rs 231 crore net profit in Q1

Reliance Power clocks Rs 231 crore net profit in Q1New Delhi, July 31 (IANS) Reliance Power, a Reliance Group company, posted net profit of Rs 231 crore for the April-June quarter of 2017-18, a company statement said on Monday.

The company had posted net profit of Rs 340 crore for the corresponding quarter in 2016-17.

The total income of the company stood at Rs 2,752 crore for the first quarter of 2017-18 compared to Rs2,749 crore during the corresponding quarter in 2016-17.

 

The statement said: "The Sasan UMPP in Madhya Pradesh generated 7,531 million units, operating at availability of 89 per cent. Captive coal mines of Sasan UMPP produced 4.4 million tonnes of coal. The total volume including overburden removal handled by coal mine of Sasan was ~20 MCuM in Q1FY18."

"The Rosa Power Plant in UP generated 2,245 million units, operating at availability of 100 per cent. The Butibori Power Plant in Maharashtra, generated 842 million units, operating at availability of 76 per cent," the statement added.

(This story has not been edited by Social News XYZ staff and is auto-generated from a syndicated feed.)

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Reliance Power clocks Rs 231 crore net profit in Q1

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Doraiah Chowdary Vundavally is a Software engineer at VTech . He is the news editor of SocialNews.XYZ and Freelance writer-contributes Telugu and English Columns on Films, Politics, and Gossips. He is the primary contributor for South Cinema Section of SocialNews.XYZ. His mission is to help to develop SocialNews.XYZ into a News website that has no bias or judgement towards any.