Reliance Power Limited reported earnings results for the fourth quarter ended March 31, 2023. For the fourth quarter, the company reported sales was INR 17,298.4 million compared to INR 18,461 million a year ago. Revenue was INR 18,563.2 million compared to INR 18,784 million a year ago.
Net income was INR 3,217.9 million compared to net loss of INR 6,578.9 million a year ago. Basic earnings per share from continuing operations was INR 0.904 compared to basic loss per share from continuing operations of INR 2.036 a year ago. Diluted earnings per share from continuing operations was INR 0.854 compared to diluted loss per share from continuing operations of INR 2.036 a year ago.
Basic earnings per share was INR 0.924 compared to basic loss per share of INR 2.036 a year ago. Diluted earnings per share was INR 0.873 compared to diluted loss per share of INR 2.036 a year ago.