Date: July 24, 2026
Financial Results (Standalone)
Q1 FY27 (Unaudited) Performance:
- Revenue from operations: ₹798.55 Cr
- Other income: ₹77.03 Cr
- Total income: ₹875.58 Cr
- Total expenses: ₹831.22 Cr
- Cost of fuel, power and water consumed: ₹611.07 Cr
- Employee benefits expense: ₹18.79 Cr
- Finance costs: ₹85.93 Cr
- Depreciation and amortisation expense: ₹62.56 Cr
- Other expenses: ₹52.87 Cr
- Profit before tax: ₹44.36 Cr
- Tax expenses: ₹0 Cr
- Profit after tax: ₹44.36 Cr
- Other comprehensive income: ₹0 Cr
- Total comprehensive income: ₹44.36 Cr
- Earnings Per Share (Basic): ₹0.08 (not annualized)
- Paid-up equity share capital: ₹5,370.11 Cr (Face Value of ₹10 per Equity Share)
Comparative Performance:
- Q1 FY26 (Unaudited): Loss of ₹14.60 Cr
- Q4 FY26 (Audited): Profit of ₹41.45 Cr
- FY26 (Audited): Profit of ₹46.59 Cr
Operational Highlights
- Installed capacity: 1350 MW (270 MW × 5 units) thermal power plant at Amravati, Maharashtra
- Annual production capacity: 11,826 MUs
- Power Purchase Agreement: 1200 MW with Maharashtra State Electricity Distribution Company Limited (MSEDCL)
- Additional 28 MW sold in open market
- Plant commissioned in March 2015
- Fuel Supply Agreement with South Eastern Coalfields Limited (SECL) for 6.10 MMT of coal
- Water allocation: 60 MCM from Upper Wardha Dam
- Dedicated railway siding of 35 Km from Walgaon station to plant
Q1 FY27 Operational Performance:
- Plant Load Factor (PLF): 92%
- Plant Availability: 98%
- Power exchange sales: 17.99 MUs generating revenue of ₹15.05 Cr
- Amravati plant among top performing plants in Maharashtra and entire country
Regulatory Updates
- Appellate Tribunal for Electricity (APTEL) judgment dated May 8, 2025 (modified May 15, 2025) in Appeal No. 345 of 2021:
- Notifications mandating 100% utilization of ash (MoEFCC dated 25.01.2016, 31.12.2021, 30.12.2022 & 01.01.2024) held as Change in Law
- Levy and increase in Surface Transportation Charges by SECL held as Change in Law
- Levy and increase in Sizing Charges by SECL held as Change in Law
- Company filed remand petition in MERC on July 10, 2025 seeking directions to MSEDCL for release of payment towards Change in Law claim
- MSEDCL filed Civil Appeal in Supreme Court on August 4, 2025 challenging APTEL Order
- During Q1 FY27, MSEDCL paid ₹44.73 Cr towards Change in Law claim of Ash Transportation
- Company continues to pursue recovery of regulatory receivables through legal and regulatory forums
Corporate Governance
- Company Secretary & Compliance Officer: Lalit Narayan Mathpati
- Investor contact: Landline +91 11 466 11 666, Email: ir_rpl@rattanindia.com