Reliance Power (RPOWER) Q1 25/26 earnings summary

Executive summary

• Total income for Q1FY26 was Rs. 2,025 crore (US $236 million), with EBITDA at Rs. 565 crore (US $66 million) and PAT at Rs. 45 crore (US $5 million).

• Net worth stood at Rs. 16,431 crore (US $1,920 million) as of June 30, 2025.

• The Board approved the unaudited consolidated and standalone financial results for the quarter ended June 30, 2025.

Financial highlights

• Revenue from operations for Q1FY26 was Rs. 1,88,558 lakh, compared to Rs. 1,99,223 lakh in Q1FY25.

• EBITDA for Q1FY26 was Rs. 565 crore.

• PAT for Q1FY26 was Rs. 45 crore, a turnaround from a loss of Rs. 97.85 crore in Q1FY25.

• Total debt servicing in Q1FY26 was Rs. 584 crore.

• Debt to equity ratio among the lowest in the industry.

Outlook and guidance

• The company is confident in meeting liabilities through monetization of gas-based power plants and other subsidiary assets.

• Leadership in the solar + BESS segment is expected to drive future growth.