It reported an EBITDA of Rs 76.31 crores for the quarter ending December 2021, against Rs 59.69 crores for the quarter ending December 2020, reflecting a growth of 27.8% YoY.
Reliance New Energy (RNEL), a wholly owned subsidiary of Reliance Industries, has on 28 January 2022 completed the acquisition from the public shareholders of Sterling & Wilson Renewable Energy (SWREL) of 84,76,251 equity shares of SWREL of face value of Rs 1 each at a price of Rs 375/- per equity share aggregating Rs 317.85 crore pursuant to the open offer made by RNEL (together […]
60% of the consumers during the sale were from Tier 2 and Tier 3 cities.
PAT stood at Rs10.5cr during the quarter as compared to Rs8.5cr in Q3FY21. Revenues in Q3FY22 increased by 56% to Rs132.6cr.
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