RattanIndia Power Q1FY24 Results: Consolidated Loss of Rs. 549.36 Cr

RattanIndia Power Q1FY24 Results Consolidated Loss of Rs. 549.36 Cr

RattanIndia Power Q1 results show revenue fell from 988.64 crores to 935.98 crores, a -5.33% decrease in growth. EPS rise from ₹-0.90 to ₹-1.02, up by 00%.

First, Let’s Begin with Quarter-on-Quarter Basis:

RattanIndia Power shared its Q1 results on Tuesday. They earned 935.98 crores in revenue this quarter, but that’s less than the 988.64 crores they made last quarter. Unfortunately, the company’s growth decreased by -5.33 percent when comparing the two quarters.

In terms of profits, the company’s PAT (Profit After Tax) for this quarter was -549.36 crores, up from -483.19  crores in the previous quarter. Their quarter-to-quarter growth increased by 13.69 percent.

The company’s EPS (Earnings Per Share) this quarter is ₹-1.02, which is an increase of 13.33% from the ₹-0.90 EPS in the previous quarter.

Now, Let’s Analyze the Results on a Year-over-Year Basis:

The company made a total revenue of 935.98 crores this year (2023), which is 1.50 percent higher than last year’s total revenue of 922.16 crores.

This year’s PAT (Profit After Tax) is -549.36 crores, which is also 41.11% higher than last year’s PAT of -389.30 crores.

The EPS (Earnings Per Share) for this year is ₹-1.02, which is 41.67% more than the EPS of ₹-0.72 earned last year.

Also Read: UTI AMC Q1FY24 Results: Consolidated PAT of Rs. 234.41 Cr

RattanIndia Power Share Dividend Announcement / Record Date:

The record date for the dividend has not arrived yet.

About RattanIndia Power:

RattanIndia Power Limited is a company engaged in the development, construction, and operation of power projects both domestically and internationally. Their portfolio includes diverse ventures such as Coal-based Thermal, Hydro, and Renewable Energy projects. Additionally, the company is actively exploring opportunities in coal mining.

Download the Full PDF of RattanIndia Power Q1 Results: Click Here

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