Reliance Power net up 49 percent

Mumbai, Oct 27 (IANS) Electricity generating firm Reliance Power, an Anil Dhirubhai Ambani Group firm, Tuesday said its net profit for the quarter ended Sep 30 was up 49.39 percent at Rs.70.53 crore over the like period last year.

Total income of the company stood at Rs.101.2 crore in the quarter under review as compared to Rs.64.06 crore in the second quarter last fiscal.

Consolidated net profit for the group was Rs.194.53 crore in the quarter as compared to Rs.37.2 crore a year earlier.

Total consolidated income for the quarter stood at Rs.246.15 crore as against Rs.56.96 crore in the year-ago period.

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