RPL registers standalone net profit of Rs 1.04 billion

RattanIndia Power Limited (RPL) has registered a standalone profit of Rs 1.04 billion during the third quarter of 2021-22.

RPL had posted a net standalone profit of Rs 0.33 billion during the corresponding period in 2020-21. The company’s standalone total incomestoodat Rs 8.55 billion during the third quarter of the current fiscal, as compared to Rs 3.90 billion reported billion during the corresponding period in 2020-21. However, its consolidated loss has widened to Rs 3.87 billionduring the third quarter of 2021-22due to non-operation of Nashik thermal power plant.