Reliance Power Ltd ( ) reported a 97 per cent year-on-year (YoY) decline in its consolidated net profit for the July–September quarter (Q2 FY26) at Rs 87.3 crore, compared to Rs 2,878 crore in the same period last year.

Revenue from operations, however, rose 12.2 per cent to Rs 1,974 crore from Rs 1,760 crore a year ago. The company's earnings before interest, tax, depreciation and amortisation (EBITDA) increased 64.3 per cent to Rs 618 crore, up from Rs 376 crore in the previous year. The EBITDA margin improved to 31.3 per cent from 21.4 per cent in the year-ago quarter. Advertisement

The company's board also approved seeking enabling authorisation from shareholders for issuance of Foreign Currency Convertible Bonds (FCCBs) of up to $600 million.

"Further, the Board has approved seeki

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