RattanIndia Power reports H1 FY26 results, operational gains

RattanIndia Power Limited has released its unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2025. The company reported an EBITDA of Rs.337 crore in H1 FY26. For the half year, standalone financial results show a total income of Rs.1,682.70 crore and a loss before tax of (Rs.47.62) crore. On a consolidated basis, total income was Rs.1,664.30 crore, with a loss before tax of (Rs.44.66) crore.

Operational highlights include the Amravati plant achieving 79% PLF and 85% availability in H1 FY26, positioning it among Maharashtra's top-performing plants. During H1 FY26, the company sold 12.09 MUs on the power exchange, generating revenue of Rs.9.36 crore. Crisil Ratings upgraded the short-term bank facilities to 'Crisil A3+' from 'Crisil A3'.

Regulatory updates include the Appellate Tribunal for Electricity allowing RPL's appeal, mandating 100% ash utilization and levies on transportation and sizing charges as 'Change in Law'. The company has filed a remand petition seeking payment directions, with MSEDCL also filing a civil appeal that remains sub judice.