Reliance Power Q2 FY27 Results Due After ₹65 Crore Q1 Profit

Reliance Power Ltd is scheduled to announce its Q2 FY27 results on November 12 after reporting consolidated net profit of ₹65 crore in Q1 FY27, up 44% year-on-year, on revenue from operations of ₹1,956 crore. The release will provide an updated view of operating performance and debt-related disclosures.

When will Reliance Power announce its Q2 FY27 results?

Reliance Power Ltd has scheduled a board meeting for November 12 to approve unaudited financial results for the September quarter of FY27. The company is among the listed firms due to report September-quarter numbers during the current earnings season.

The announcement follows a June-quarter performance in which Reliance Power reported profit after tax of ₹64.71 crore. The figure was stated as ₹65 crore in the company’s quarterly update and represented a 44% increase from ₹44.68 crore in Q1 FY26. Revenue from operations increased 4% year-on-year to ₹1,956.32 crore from ₹1,885.58 crore.

Investors will look at whether the company has sustained revenue, operating profit and profitability levels seen in recent quarters. The results will also be relevant for disclosures on interest costs, debt servicing and balance-sheet metrics, given the company’s stated focus on reducing debt.

What did Reliance Power report in Q1 FY27?

Reliance Power reported total income of ₹2,103.75 crore in Q1 FY27, comprising ₹1,956.32 crore of net sales turnover and ₹147.43 crore of other income. Total expenses were ₹1,393.91 crore during the quarter, according to the quarterly-results data.

EBITDA stood at ₹709.84 crore in the June quarter, compared with ₹704.77 crore a year earlier. Operating profit was ₹562.41 crore, while depreciation was ₹207.28 crore. Interest expense declined to ₹386.63 crore from ₹425.87 crore in Q1 FY26, leaving earnings before tax of ₹115.93 crore.

After taxes of ₹51.22 crore, profit and loss for the year was ₹64.71 crore. The reported PAT was also ₹64.71 crore, as the quarterly data showed no extraordinary items, prior-year adjustments or other adjustments for the period.

How did Reliance Power perform in Q2 FY26?

Reliance Power reported consolidated net profit of ₹87.32 crore in Q2 FY26, compared with a consolidated net loss of ₹352 crore in the corresponding quarter of the preceding year. Revenue from operations rose 12.17% year-on-year to ₹1,974.03 crore from ₹1,759.81 crore.

The company reported EBITDA of about ₹618 crore for Q2 FY26, a 64% increase from ₹376 crore in the year-ago period. The detailed quarterly table puts EBITDA at ₹617.67 crore. Operating profit was ₹617.67 crore, depreciation was ₹207.52 crore and interest expense was ₹395.02 crore.

Earnings before tax stood at ₹108.20 crore and taxes were ₹20.88 crore. This resulted in profit and loss for the year, as well as reported PAT, of ₹87.32 crore. The September 2026 result will therefore be compared both with this profitable prior-year quarter and with the immediately preceding June quarter.

What debt metrics were disclosed in the previous September quarter?

Reliance Power disclosed a debt-to-equity ratio of 0.87 in Q2 FY26, which it described as among the lowest in the industry. The company also reported net worth of ₹16,516 crore during that reporting quarter.

Debt servicing totalled ₹634 crore in the September quarter of FY26. Reliance Power characterised this as evidence of its continued commitment to debt reduction. These figures are material context for the upcoming results because interest expense and debt-related disclosures can affect reported earnings and the assessment of financial performance.

The quarterly numbers show that interest expense has remained a substantial item. It was ₹395.02 crore in Q2 FY26 and ₹386.63 crore in Q1 FY27. Any updated information on borrowings, repayments, debt servicing or the debt-to-equity ratio will therefore be closely assessed alongside profit and operating metrics.

Which Q2 FY27 figures will investors track?

Investors will track revenue from operations, EBITDA, net profit and interest costs when Reliance Power releases its Q2 FY27 financial statements. Revenue was ₹1,956.32 crore in Q1 FY27 and ₹1,974.03 crore in Q2 FY26, setting the two immediate reference points for the September-quarter release.

Profitability will also be examined in the context of the recent quarterly sequence. Reported PAT was ₹25.11 crore in Q3 FY26, followed by a reported loss of ₹494 crore in Q4 FY26, before the return to a ₹64.71 crore reported profit in Q1 FY27. The source data lists profit and loss for the year in Q4 FY26 at a loss of ₹112.26 crore, while reported PAT was lower because of a separate adjustment.

The company’s operating metrics provide another reference point. EBITDA was ₹710.74 crore in Q2 FY26, ₹681.26 crore in Q3 FY26, ₹635.36 crore in Q4 FY26 and ₹709.84 crore in Q1 FY27. The Q2 FY27 filing will show whether revenue and operating performance remained near these recent levels.

Conclusion

Reliance Power’s November 12 board meeting is important because it follows a profitable Q1 FY27, with ₹64.71 crore of reported PAT and ₹1,956.32 crore of revenue from operations. The company’s previous September-quarter results also showed ₹87.32 crore of profit, EBITDA of ₹617.67 crore and debt servicing of ₹634 crore, giving investors a factual basis for comparison.

The next item to watch is the company’s Q2 FY27 unaudited financial result, including revenue, EBITDA, interest expense, net profit and any updated debt-to-equity, net-worth or debt-servicing disclosures. The board meeting scheduled for November 12 is the stated event for these updates.