Reliance Power Limited's Board of Directors, in a meeting held on May 9, 2025, approved the Audited Financial Results (Consolidated and Standalone) for the quarter and financial year ended March 31, 2025. The Auditor's Report has unmodified opinions.
Key Consolidated Financial Highlights for the year ended March 31, 2025:
Key Consolidated Financial Highlights for the quarter ended March 31, 2025:
The results include an exceptional gain of ₹3,23,042 lakhs (₹3,230.42 crore) on the deconsolidation of subsidiary Vidarbha Industries Power Limited (VIPL) as lenders enforced a pledge on shares on September 17, 2024. The results also include an exceptional item of ₹1,92,635 lakhs (₹1,926.35 crore) for impairment of property, plant and equipment & capital work-in-progress.
The Board also approved the following:
The announcement noted a material uncertainty regarding the going concern ability of Rajasthan Sun Technique Energy Private Limited (RSTEPL) due to defaulted dues and pending legal matters, although RSTEPL's accounts are prepared on a going concern basis. The Group is confident in meeting its liabilities through monetization of assets.
Subsequent to the quarter, on May 7, 2025, the company allotted 10,55,00,000 fully paid-up equity shares upon exercise of rights attached to warrants, increasing the paid-up share capital.