How has been the historical performance of Reliance Power?

Answer:The historical performance of Reliance Power shows a fluctuating trend in key financial metrics over the years, with a notable recovery in the latest fiscal year.

Breakdown:
In the fiscal year ending March 2025, Reliance Power reported net sales of 7,582.89 Cr, a decrease from 7,892.60 Cr in March 2024 but an increase from 7,542.69 Cr in March 2023. The total operating income for March 2025 was also 7,582.89 Cr, reflecting similar trends. The total expenditure, excluding depreciation, was 5,474.64 Cr, down from 6,735.29 Cr in the previous year, contributing to an operating profit (PBDIT) of 2,782.40 Cr, a significant increase from 1,524.94 Cr in March 2024. Profit before tax turned positive at 3,047.29 Cr, compared to a loss of 2,028.16 Cr in the prior year, and profit after tax was 2,947.40 Cr, recovering from a loss of 2,242.19 Cr. The consolidated net profit for March 2025 was 2,947.83 Cr, a substantial improvement from the losses recorded in the previous three years. The total assets decreased to 41,282.92 Cr from 43,758.01 Cr, while total liabilities also fell to 41,282.92 Cr from 43,758.01 Cr, indicating a reduction in debt levels. Cash flow from operating activities was 1,937.00 Cr, down from 3,173.00 Cr, and the closing cash and cash equivalents stood at 439.00 Cr, down from 486.00 Cr in the previous year. Overall, the financial performance of Reliance Power in March 2025 indicates a recovery from previous losses, with improved profitability and reduced liabilities.