RELIANCE POWER Announces Quarterly Results (1QFY20); Net Profit Down 85.2%

Helping You Build Wealth With Honest Research
Since 1996. Try Now

  • MyStocks

MEMBER'S LOGINX

     
Login Failure
   
     
   
     
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

RELIANCE POWER Announces Quarterly Results (1QFY20); Net Profit Down 85.2%
Fri, 16 Aug

RELIANCE POWER has announced its results for the quarter ended June 2019. Here is a detailed performance review of the same:

RELIANCE POWER Quarterly Financials

No. of Mths
Qtr. Ending
3
Jun-18*
3
Mar-19*
3
Jun-19*
QoQ ChangeYoY Change
Net SalesRs m22,84815,85720,75630.9%-9.2%
Other incomeRs m8581,022878-14.1%2.4%
TurnoverRs m23,70616,87921,63428.2%-8.7%
ExpensesRs m11,9599,35410,99817.6%-8.0%
Gross profitRs m10,889-25,0299,757-10.4%
DepreciationRs m2,0102,0442,0630.9%2.6%
InterestRs m6,76710,9627,754-29.3%14.6%
Profit before taxRs m2,970-37,013819-72.4%
TaxRs m597-1,418467-21.8%
Profit after taxRs m2,373-35,595352-85.2%
Gross profit margin%47.7-157.847.0
Effective tax rate%20.13.857.0
Net profit margin%10.0-210.91.6
* Results Consolidated
Interim results exclude extraordinary / exceptional items
Source: Company Reports, Regulatory Filings, Equitymaster


Year-on-Year Performance:
  • The company's operating income during the quarter fell 9.2% on a year-on-year (YoY) basis. The expenses were down by 8.0% YoY during the same period.
  • The company's operating profit declined by 10.4% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 47.0% in 1QFY20 as against 47.7% in 1QFY19.
  • Depreciation charges increased by 2.6% and finance costs increased by 14.6% YoY, respectively.
  • Other income increased by 2.4% YoY during the quarter.
  • Net profit for the quarter declined by 85.2% YoY. Net profit margins during the quarter declined from 10.0% in 1QFY19 to 1.6% in 1QFY20.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 30.9% on a quarter-on-quarter (QoQ) basis. The expenses were up by 17.6% QoQ during the same period.
  • The company's operating profit increased by 139.0% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 47.0% in 1QFY20 as against 157.8% in 4QFY19.
  • Net profit for the quarter increased by 101.0% QoQ, while net profit margins increased from -210.9% in 4QFY19 to 1.6% in 1QFY20.

To see how RELIANCE POWER has performed over the last eight quarters,please visit here.

RELIANCE POWER Share Price Performance

Over the last one year,RELIANCE POWER share price has moved down from Rs 32.2 to Rs 3.6, registering a Loss of Rs 28.7 or around 89.0%.

Meanwhile, the S&P BSE POWER Index is trading at Rs 1,904.5 (up 1.0%). Over the last one year it has moved down from 1,963.6 to 1,904.5, a gain of 59 points (down 3.0%).

Overall, the S&P BSE SENSEX is down 1.4% over the year.

Current Valuations

At the current price of Rs 3.6, the price to book value (P/BV) ratio of RELIANCE POWER stands at 0.0 times.

Equitymaster requests your view! Post a comment on "RELIANCE POWER Announces Quarterly Results (1QFY20); Net Profit Down 85.2%". Click here!

  

Related Views on News

RELIANCE POWER Announces Quarterly Results (4QFY19); Net Profit Down 3872.7% (Quarterly Result Update)

Jun 10, 2019 | Updated on Jun 10, 2019

For the quarter ended March 2019, RELIANCE POWER has posted a net profit of Rs 36 bn (down 3872.7% YoY). Sales on the other hand came in at Rs 16 bn (down 34.7% YoY). Read on for a complete analysis of RELIANCE POWER's quarterly results.

RELIANCE POWER Announces Quarterly Results (3QFY19); Net Profit Down 32.8% (Quarterly Result Update)

Jan 25, 2019 | Updated on Jan 25, 2019

For the quarter ended December 2018, RELIANCE POWER has posted a net profit of Rs 2 bn (down 32.8% YoY). Sales on the other hand came in at Rs 21 bn (down 15.8% YoY). Read on for a complete analysis of RELIANCE POWER's quarterly results.

RELIANCE POWER 2017-18 Annual Report Analysis (Annual Result Update)

Dec 19, 2018 | Updated on Dec 19, 2018

Here's an analysis of the annual report of RELIANCE POWER for 2017-18. It includes a full income statement, balance sheet and cash flow analysis of RELIANCE POWER. Also includes updates on the valuation of RELIANCE POWER.

More Views on News

Most Popular

My 3 Best Small-cap Stocks to Get Rich in this Market Rebound(Profit Hunter)

Oct 14, 2019

This is once in a decade opportunity to make a killing from smallcap rebound.

Finally, Is the Share Price of Yes Bank Ready for a Rebound?(The 5 Minute Wrapup)

Oct 7, 2019

Here's what every individual investor must know about Yes Bank...

The One Stock I Like in this Market(The 5 Minute Wrapup)

Oct 10, 2019

There are rare periods in markets when you get good quality stocks at attractive valuations. Is this one such period?

Rebound Riches Could be Yours With These Stocks(Profit Hunter)

Oct 4, 2019

The secret to multibagger is not big businesses, but great managements... Here's how to find them to make the most of once in a decade rebound opportunity.

5 Smart Money Stocks to Profit from the Market Rebound(The 5 Minute Wrapup)

Oct 11, 2019

Now is the time to put money in these 5 stocks to take advantage of the recovery in the economy and the markets.

More

Get the Indian Stock Market's
Most Profitable Ideas

How To Beat Sensex Guide 2020
Get our special report, How to Beat Sensex Nearly 3X Now!
We will never sell or rent your email id.
Please read our Terms

RELIANCE POWER SHARE PRICE


Oct 16, 2019 (Close)

TRACK RELIANCE POWER

  • Track your investment in RELIANCE POWER with Equitymaster's Portfolio Tracker. Set live price alerts, get research alerts and more. Get access now...
  • Add To MyStocks

MORE ON RELIANCE POWER

RELIANCE POWER 8-QTR ANALYSIS

COMPARE RELIANCE POWER WITH

MARKET STATS