Tag

Power

7 articles

Indian power companies face a mixed financial landscape amid ongoing strategic shifts and regulatory scrutiny. Reliance Power is navigating legal challenges related to PMLA violations, while GMR Power reported a significant net loss but approved a substantial ₹3,000 crore fundraising plan. Elsewhere, Vaswani Industries experienced a sharp decline in net profit despite revenue growth, and Rana Sugars posted a net loss attributed to seasonal industry factors. Adani Power, however, secured shareholder approval for a substantial borrowing limit and potential equity raise, signaling continued expansion efforts.

Regulation And Legal

KPCL vs CCI Appeal Adjourned to September 16

NCLAT adjourns Karnataka Power Corporation Ltd's appeal against Competition Commission of India to September 16, 2026. The appeal (Competition App. (AT) No. 36 of 2018) was listed for hearing on Augus

Results

Power Mech Q1 FY27 Revenue Up 26% YoY

Power Mech reported Q1 FY27 revenue of INR 1,632 crore, up 26% YoY, though EBITDA margin declined to 10.8% due to higher mining costs and Middle East conflict impacts. The company secured new orders w

Regulation And Legal

Reliance Power Receives ED Pre-Cognizance Notice

Reliance Power and subsidiary Reliance CleanGen received a Pre-Cognizance notice from the Special Judge, CBI, New Delhi. The notice relates to an ED complaint alleging ~₹715 crore PMLA violations in t

Results

Vaswani Industries Q1 Net Profit Drops 78.4% YoY

Vaswani Industries reported un-audited standalone Q1 FY27 net profit of ₹116.48 lakh, a 78.4% decrease from ₹547.06 lakh in Q1 FY26. Revenue from operations grew 3.1% YoY to ₹11,778.83 lakh, while tot