The share price of Reliance Power slipped as much as 1.6% to an intra-day low of Rs 65 per share. This follows after the company’s latest announcement on its fundraising plans. Let’s take look at what investors should need to know so far-
Reliance Power: Fundraising plan gets board approval
Reliance Power’s board has cleared a proposal to raise up to Rs 6,000 crore through a mix of Qualified Institutional Placement (QIP), follow-on public offers (FPO), and other instruments. This is aimed to shore up capital by offering equity shares or related instruments to institutional investors.
Furthermore, the company also plans to issue secured or unsecured non-convertible debentures (NCDs) worth up to Rs 3,000 crore, which could be raised in one or more tranches via private placement or other permitted methods.
Reliance Power: Return to profitability in Q4FY25 and Q1FY26 update
As the earnings season for Q1FY26 has kicked off, Reliance Power announced in a regulatory filing that a meeting of its Board of Directors will be held on Saturday, July 19, to consider and approve the unaudited financial results (both standalone and consolidated) for the quarter ended June 30, 2025.
Looking at the last quarter (Q4FY25) performance of the company, it posted a consolidated net profit of Rs 126 crore, bouncing back from a loss of Rs 397.56 crore in the same quarter last year. The recovery came largely on the back of reduced expenses. However, revenue for the quarter stood at Rs 2,066 crore, which is slightly lower than Rs 2,193.85 crore a year ago.
Reliance Power share performance
Despite today’s decline, the stock has delivered strong returns over the longer term. Over the past one month, it gained 2%, and in the last six months, it surged 55%. On a year-on-year basis, the stock has jumped 134%.
For calendar year 2025 so far, it is up 46%. The stock hit a 52-week high of Rs 76.49 and a low of Rs 25.75. As of now, the company’s market cap stands at around Rs 26,970 crore.