RIL

Q1FY16 was the first quarter of Sasan UMPP’s of full operation and this in itself was expected to reflect positively in the performance. And it did! This ADAG company reported a consolidated 41% (YoY) jump in net profit at Rs.344 crore on a 58% rise in operating revenue at Rs.2768 crore.  EBITDA for the quarter was at Rs.1170 crore, up 79%. Costs were up 48%, led by 152% rise in cost of operations, 27% rise in power and fuel cost, 95% surge in employee cost and 89% jump in depreciation.

Interest outgo for the quarter rose by a whopping 123% at Rs.576 crore. Its debt currently stands at over Rs.30,000 crore. Total operating capacity currently is at 6000 MW.  Rosa power plant operated at 98.6% and plant load factor (PLF) was at 81.7%. Butibori plant operated at 102% availability and PLF was at 82.1%. The 40 MW solar plant at Rajasthan operated at 99.5% and the one in Maharashtra operated at 95%. The 100 MW concentrated solar power (CSP) project at Rajasthan has commenced power generation.