RattanIndia Power Swings To Profit Of Rs 10,665 Crore In Q4 On Exceptional Gains

RattanIndia Power on Wednesday reported a consolidated profit of Rs 10,665.75 crore in the March 2024 quarter. The bottom line was primarily aided by exceptional gains of Rs 10,635.08 crore.

The company's profit compares with a loss of Rs 462.82 clocked during the year ago period, according to its stock exchange notification.

Its total income rose to Rs 995.73 crore in the quarter from Rs 988.64 crore a year ago.

Its consolidated net profit in the fiscal 2023-24 stood at Rs 8,896.75 against a loss of Rs 1,869.85 crore in the preceding fiscal.

The total income in the financial year-ended March 2024 rose to Rs 3,704.78 crore from Rs 3,559.36 crore in the year-ago period.

With inputs from PTI.