Reliance Power posts over three-fold jump in March quarter profit

Reliance Power posts over three-fold jump in March quarter profit

Latest News – Reliance Power posted more than a three-fold increase in March quarter consolidated profit, helped by a 40 per cent fall in tax expenses during the period.

The company, which is part of billionaire Anil Ambani’s Reliance Group, reported a consolidated profit of Rs 216 crore ($33.53 million) for the quarter ended March 31, 2017, the company said.

Fourth-quarter consolidated revenue from operations stood little changed at (Read More)

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