Anil Ambani’s Reliance Power Shares Fall 3% Ahead of Q3 Results Amid Sharp Correction

Shares of Anil Ambani’s Reliance Power Ltd (NSE: RPOWER) has been under pressure in recent weeks, with its share price witnessing a sharp correction. The stock is currently trading around the ₹27–28 level, declining nearly 3% in the latest session and registering a steep fall of over 22% in the past month. Shares of Reliance Power on Friday ended at Rs 28.32, Rs 1.65 or 5.51 per cent down from the previous closing of Rs 29.97. Although the company has stated that it is a victim of fraud and that its operations remain unaffected. The power generation company as announced its schedule for declaring third-quarter results for the financial year 2025-26. The announcement comes as part of the ongoing earnings season, with several listed companies sharing their quarterly results schedules.

In a exchange filing, the company informed  the bourses that the meeting of the Board of Directors of the company is scheduled on January 30, 2026, to consider and approve the unaudited financial results (both standalone and consolidated) for the quarter and nine months ended December 31, 2025.Reliance Power had announced its earnings for the second quarter of FY26 at around 9.40 pm on November 10, 2025. Therefore, it is expected that the Reliance Group firm might share its third-quarter FY26 results at around the same time on Friday, January 30, 2026.Reliance Power had reported a net profit of Rs 87 crore for the quarter ended September 30.

The company had reported a loss of Rs 352 crore in the second quarter of FY25. "Q2FY26 PAT was at Rs 87 crore (USD 10 million) vs Q2FY25 loss Rs 352 crore (USD 41 million)," Reliance Power had said. The company’s total income grew to Rs 2,067 crore during the second quarter, up from Rs 1,963 crore in the year ago period. The board of the company had also approved "seeking enabling resolution from members for raising up to USD 600 million through issue of foreign currency convertible bonds (FCCBs) to fund growth."Reliance Power was trading at a multi-year high of ₹76.49 (June 11, 2025). Since then, the stock has eroded more than 60% of its value. The decline has intensified recently, with the share price falling by over 16% in the last month alone and nearly 10% in the last five trading sessions.