Reliance Power Past Performance
Past criteria checks 0/6
Reliance Power has been growing earnings at an average annual rate of 1.1%, while the Renewable Energy industry saw earnings growing at 25.7% annually. Revenues have been declining at an average rate of 4.5% per year.
Earnings growth rate
EPS growth rate
|Renewable Energy Industry Growth||25.7%|
|Revenue growth rate||-4.5%|
|Return on equity||-2.7%|
|Last Earnings Update||31 Mar 2023|
Recent past performance updates
Earnings and Revenue History
Quality Earnings: 532939 is currently unprofitable.
Growing Profit Margin: 532939 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: 532939 is unprofitable, but has reduced losses over the past 5 years at a rate of 1.1% per year.
Accelerating Growth: Unable to compare 532939's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 532939 is unprofitable, making it difficult to compare its past year earnings growth to the Renewable Energy industry (10.4%).
Return on Equity
High ROE: 532939 has a negative Return on Equity (-2.72%), as it is currently unprofitable.