Coal news and updates

RPower net profit edges up 1.58% in FY’14

May 20: Reliance Power Limited’s net profit stood at Rs 1,027 crore during the fiscal ended March 31, 2014 as against a net profit of Rs 1,011 crore posted during the last fiscal (2012-13), the company said in a statement. 

The company’s total income from operations stood at Rs 5,174.75 crore in FY’14 compared to Rs 4,926.59 crore in FY’13, the statement added.

On the other hand, the company’s total expenditure in 2013-14 stood at Rs 3,622.70 crore against Rs 3,498.83 crore reported during the previous fiscal.