Reliance Power Q1 net stands at Rs 59.70 cr

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New Delhi, Jul 25 (UNI) Anil Ambani-owned Reliance Power today said it posted a net profit of Rs 59.70 crore for the quarter ended June 2008.

The company said in a statement that its total income stood at Rs 77.67 crore during the said quarter.

However, the company did not release comparable year-ago numbers.

The company has registered a consolidated net profit of Rs 61.22 crore on total income of Rs 80.55 crore in the quarter ended June 2008.

Reliance Power had raised three billion dollars through initial public offering in January.

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