Reliance Power shares in focus after co returns to black with Rs 42 crore profit in Q3

Reliance Power, led by Anil Ambani, posted a net profit of Rs 41.95 crore for Q3FY25, bouncing back from a loss of Rs 1,136.75 crore last year. The firm had already achieved profitability in Q2FY25, driven by a significant gain from subsidiary deconsolidation. However, revenue from operations fell 4.6% to Rs 1,852 crore, while expenses decreased by 33%.