Business

 IIE DIGITAL DESK :  May 7, 2025 — RattanIndia Power Ltd has announced a consolidated net profit of ₹4.33 crore for the third quarter of fiscal year 2024–25 (Q3 FY25), marking a significant turnaround from a net loss of ₹586.97 crore in the same period last year. This improvement is attributed to a substantial reduction in expenses and improved operational efficiency.  

In Q3 FY25, the company's total income stood at ₹824.24 crore, reflecting a 7.2% decrease compared to ₹888.30 crore in Q3 FY24. Despite the decline in revenue, RattanIndia Power managed to achieve profitability due to a significant reduction in total expenses, which decreased by 43.9% year-on-year to ₹819.91 crore from ₹1,460.30 crore in the corresponding quarter of the previous fiscal year. 

The company's improved financial performance is largely attributed to cost optimization measures and enhanced operational efficiency. The reduction in expenses played a crucial role in offsetting the decline in revenue, enabling the company to achieve a positive bottom line.

 Following the announcement of the Q3 results, RattanIndia Power's share price experienced a modest increase of 0.20%, trading at ₹10.03 on the National Stock Exchange (NSE). The stock's performance reflects investor optimism regarding the company's turnaround and cost management strategies.  

RattanIndia Power's return to profitability in Q3 FY25 demonstrates the effectiveness of its strategic initiatives aimed at cost reduction and operational efficiency. The company's management remains focused on sustaining this positive momentum and exploring opportunities for growth in the power sector.