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Reliance Power: Shares of Reliance Power Ltd, part of the Anil Ambani-led Reliance Group, have remained under notable pressure over the past several weeks, reflecting sustained weakness in investor sentiment. The stock has slipped sharply from recent highs and is now hovering in the ₹27–28 range. In the most recent trading session, the share price declined by nearly 3 percent, extending losses that have exceeded 22 percent over the past month. On Friday, the stock closed at ₹28.32, down ₹1.65 or 5.51 percent from its previous close of ₹29.97.

Despite the slide in market value, the company has maintained that its core operations continue without disruption, stating earlier that it has been impacted by fraudulent activity but that business performance remains unaffected.

Board Meeting Scheduled for Quarterly Results

In a regulatory filing with stock exchanges, Reliance Power announced that its Board of Directors will meet on January 30, 2026. The agenda includes the consideration and approval of unaudited financial results, both on a standalone and consolidated basis, for the quarter and nine months ended December 31, 2025.

The announcement aligns with the broader earnings season, during which listed companies are outlining timelines for their quarterly disclosures. Market participants are closely tracking these updates, particularly for companies whose shares have seen heightened volatility in recent months.

Expected Timing of Earnings Announcement

Based on past practice, Reliance Power is expected to release its third-quarter results later in the evening on the scheduled date. The company had announced its second-quarter FY26 earnings around 9:40 pm on November 10, 2025. While the firm has not confirmed an exact time for the upcoming disclosure, investors anticipate a similar release window on January 30.

Such timing has become relatively common among large listed entities, especially those with complex financial structures requiring extended internal reviews before public release.

Review of Recent Financial Performance

For the quarter ended September 30, 2025, Reliance Power reported a net profit of ₹87 crore. This marked a sharp turnaround compared with the same quarter a year earlier, when the company had posted a substantial loss.

In the second quarter of FY25, the company had recorded a net loss of ₹352 crore. Commenting on the improvement, the company had earlier stated that profit after tax for Q2 FY26 stood at ₹87 crore, equivalent to approximately USD 10 million, compared with the year-ago loss of around USD 41 million.

Revenue Growth and Funding Plans

Alongside the return to profitability, Reliance Power also reported an increase in total income during the September quarter. Revenue rose to ₹2,067 crore, up from ₹1,963 crore in the corresponding period of the previous financial year, reflecting moderate growth in operating income.

During the same quarter, the company’s board approved a proposal to seek shareholder consent for raising up to USD 600 million through the issuance of foreign currency convertible bonds. The proposed fundraising is intended to support future growth initiatives, although further details are expected once shareholder approval is secured.

Stock Performance and Market Trends

Reliance Power’s share price trajectory over the past year highlights the scale of recent corrections. The stock had touched a multi-year high of ₹76.49 on June 11, 2025. Since then, it has lost more than 60 percent of its value.

The pace of decline has accelerated in recent weeks. Over the last month alone, the share price has fallen by more than 16 percent, with nearly 10 percent of that drop occurring in just the past five trading sessions. Market participants are now looking to the upcoming quarterly results for cues on whether financial performance can stabilize sentiment around the stock.