Electric Utilities company RattanIndia Power announced Q3FY25 & 9MFY25 results The company reported a PAT of Rs 92 crore for 9MFY25, compared to Rs 66 crore in 9MFY24; increase of 38% The company has reported a total income of Rs 2,640 crore in 9MFY25, compared to Rs 2,730 crore in 9MFY24. Amravati Plant remains amongst the best performing plants in Maharashtra having achieved 74% PLF and 78% Availability in 9MFY25. During last quarter Acuite Rating has upgraded Long term rating as BBB- / stable from BB+ on NCD issued by the Company Result PDF
Electric Utilities company RattanIndia Power announced H1FY25 results The company reported a PAT of Rs 89 crore for H1FY25, compared to Rs 20 crore in H1FY24, reflecting a significant increase. The company has reported a total income of Rs 1,806 crore in H1FY25, compared to Rs 1,833 crorein H1FY24. Amravati Plant remains amongst the best performing plants in Maharashtra having achieved 76% PLF and 80% Availability in H1FY25. During last quarter CRISIL have reaffirmed Company Long term rating as BBB- / stable and CRISIL A3 for Short term loans. Result PDF
Electric Utilities company RattanIndia Power announced Q1FY24 results: Company clocked total income of Rs 942 crore in Q1FY24 Vs Rs 924 crore in Q1FY23 Amravati Plant remains amongst the best-performing plants in Maharashtra having achieved 84% PLF and 87% Availability till June 2023. Received and unloaded highest-ever coal rakes in a quarter ( 414 nos. i.e a daily average of 4.5 rakes) Company continues to timely service its debt obligations, having paid Rs 3,371 crore (principal and interest) since Jan 2020 (paid Rs 255 crore in Q1FY24), including Rs 763 crore as prepayment During Q1FY24, the Company on 22 June 2023 raised a fresh loan of Rs 1,114 crore in the form of Non-Convertible Debentures and Term Loan, in a transaction led by Kotak Mahindra Bank and has fully repaid the balance senior secured term debt facilities of Aditya Birla ARC Limited (“ABARC”). The outstanding secured external borrowing stands reduced to Rs 1,125 crore as on 30 June 2023 against a standalone Net worth of Rs 5,608 crore as on 31 March 2023 Result PDF