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RattanIndia Power Share Price in Focus Ahead of Q3 FY 2025 Results

Written by: Nikitha DeviUpdated on: Jan 21, 2025, 3:32 PM IST
RattanIndia Power share price dropped 2.27% to ₹12.49 on Jan 21, 2025. The company announced that it will release its Q3 FY25 results on January 22, 2025.
RattanIndia Power Share Price in Focus Ahead of Q3 FY 2025 Results
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RattanIndia Power Limited has been in focus on Tuesday. On January 21, 2025, RattanIndia Power share price (NSE: RTNPOWER) opened at ₹12.80, almost the same as its previous close of ₹12.78. At 11:06 AM, the share price of RattanIndia Power was trading at ₹12.49, down by 2.27% on the NSE.

The company is set to release its financial results for the quarter and nine months ended December 31, 2024, on January 22, 2025. RattanIndia Power informed the exchanges that a meeting of the Board of Directors will be held on Wednesday, January 22, 2025, to review and approve the unaudited financial results (both standalone and consolidated) for the specified period.

H1 FY 2025 Financial Highlights

For the first half of FY 2025 (H1 FY25), RattanIndia Power reported a significant increase in its Profit After Tax (PAT), which stood at ₹89 crore, compared to ₹20 crore in H1 FY24. This impressive growth highlights the company’s improved financial performance. However, the total income for H1 FY25 decreased slightly to ₹1,806 crore, from ₹1,833 crore in the corresponding period of the previous year.

About RattanIndia Power Limited

RattanIndia Power Limited is one of India’s largest private power generation companies, with a total installed capacity of 2,700 MW. It operates thermal power plants in Amravati and Nashik, Maharashtra, each with a capacity of 1,350 MW. The company plays a crucial role in India’s energy sector.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Jan 21, 2025, 12:26 PM IST

Nikitha Devi

Nikitha is a content creator with 6+ years of experience in the financial domain. Specialising in personal finance, investments, and market insights, Nikitha simplifies complex financial topics, making them accessible to readers.

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