Reliance Power (RPOWER) Q1 26/27 earnings summary

Executive summary

• Consolidated total income for Q1 FY27 was Rs. 2,10,375 lakhs, up 4% year-over-year and 8% sequentially.

• Net profit for the quarter was Rs. 6,471 lakhs, compared to a net loss of Rs. 49,400 lakhs in the previous quarter and a profit of Rs. 4,468 lakhs in Q1 FY26.

• Standalone net profit for the quarter was Rs. 320 lakhs, compared to Rs. 741 lakhs in the previous quarter and Rs. 190 lakhs in Q1 FY26.

Financial highlights

• Revenue from operations for the quarter was Rs. 1,95,632 lakhs, up from Rs. 1,88,558 lakhs year-over-year.

• Total expenses for the quarter were Rs. 1,98,782 lakhs, resulting in a profit before exceptional items and tax of Rs. 11,593 lakhs.

• Exceptional item: Impairment of property, plant, and equipment of Rs. 38,160 lakhs in the previous quarter, none in the current quarter.

• Earnings per share (EPS) for continuing operations was Rs. 0.156, compared to Rs. (1.194) in the previous quarter and Rs. 0.109 in Q1 FY26.

Outlook and guidance

• Management expects to address outstanding lender obligations through asset monetization and ongoing discussions with lenders.

• The group remains confident in meeting liabilities through time-bound monetization of subsidiary assets.