Reliance Power said a marginal rise in standalone net profit for the quarter ended March 2014. During the quarter, the profit of the company rose 1.06% to Rs 2,688.80 million from Rs 2,660.60 million in the same quarter last year.
Net sales for the quarter rose 8.89% to Rs 13,586.60 million, compared with Rs 12,478 million for the prior year period.
Earnings per share for the quarter stood at Rs 0.96, registering 1.05% growth over previous year period.
Quarterly Results - (Rs in mn) |
As at | Mar - 14 | Mar - 13 | %Change |
Net Sales | 13,586.60 | 12,477.90 | 8.89 |
Net Profit | 2,688.80 | 2,660.60 | 1.06 |
Basic EPS | 0.96 | 0.95 | 1.05 |
Shares of the company gained Rs 7.7, or 9.85%, to settle at Rs 85.90. The total volume of shares traded was 6,523,600 at the BSE (Monday).