Relief / Coronation Anil Ambani gets relief, the company makes a profit from a loss of Rs 4,206 crore


Last Updated on May 8, 2021 by Bansari

Anil Ambani, the country’s veteran businessman and head of Reliance Anil Dhirubhai Ambani Group, has been relieved during the Corona period. In fact, his company Reliance Power has made a profit of Rs 72 crore. Reliance Power which was earlier known as Reliance Energy. The company has made a profit in the Corona period.

Reliance Power posted a net profit of Rs 72.56 crore for the quarter ended March 2021. The company had posted a net loss of Rs 4,206.38 crore for the quarter ended March 2020. It is a great relief to Anil Ambani and Reliance CEO or Raja that the company is showing a profit of Rs 72 crore out of a loss of Rs 4,206 crore.

Also increase revenue

Reliance Power has also seen an increase in revenue along with profit during the period. The company had total revenue of Rs 1,691.19 crore in the March quarter of this year. It had earned Rs 1,902.03 crore in the same period a year ago. The company’s consolidated net profit for the financial year 2020-21 was Rs 228.63 crore, while in 2019-20 it was Rs 4,076.59 crore. The company had a total revenue of Rs 8,388.60 crore in 2020-21 as against Rs 8,202.41 crore in the previous financial year.

This was said to take the lockdown

Earlier last month, Anil Ambani’s son Anmol Ambani, who is also a director of Reliance Infra and Reliance Capital. He questioned the lockdown in Maharashtra. Anmol said in a tweet that professional actors can shoot their films. Professional cricketers can play the game till late at night. Professional leaders can hold their rallies with the crowd, but your business or after work is not necessarily a service.

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