Friday, November 22, 2024
HomeNewsAnil Ambani's company is making a profit even in the time of...

Anil Ambani’s company is making a profit even in the time of crisis, know who is handling the business

Talking about the team of Reliance Power, the chairman is Anil Ambani while the board of directors includes an additional 5 people.


Although most of Anil Ambani’s companies are going through the sales process, but there is still a company which is profitable. The name of this company is Reliance Power. Anil Ambani’s Reliance Power’s December quarter (FY 2020-21) results show that the company has made a huge profit of around Rs 53 crore. Let us know who are the people handling this company.

Reliance Power’s team: Talking about Reliance Power’s team, the chairman is Anil Ambani, while the board of directors includes an additional 5 people. The first name of these comes from Satesh Seth. Satish Seth is a Chartered Accountant. He also holds a law degree. Similarly, K Raja Gopal has studied MBA. He has around 35 years of experience. Apart from this, Bimal Julka, a well-known name in the government, is an IAS officer. He is an officer of Madhya Pradesh cadre.

Has worked for four decades at both the state and national levels. Another name in the board team is Vijay Kumar Sharma. He has also been the Chairman of Life Insurance Corporation of India. He did his post graduation from Patna University. The board team has female member Chhaya Virani. Chhaya holds a bachelor’s degree in arts from the University of Mumbai. He also earned a bachelor’s degree in legislative laws from Government Law College in 1976. He is on the board of most of Anil Ambani’s companies.

Reliance Power has a profit of Rs 53 crore: Reliance Power has a profit of about Rs 53 crore in the December quarter of the financial year 2020-21. There is an increase of about 6% in profits. A year ago, in the same quarter, Reliance Power had a profit of over Rs 49 crore. If we talk about the total income, then in the December quarter it went up to Rs 2,006.66 crore. It had earned Rs 1,897.93 crore in the same period a year earlier.

Let us tell you that this company of Anil Ambani is also active abroad. In the first half of last year, Reliance Power and Japan’s energy company JIRA signed an agreement. Reliance Power and JIRA together are developing a 745 MW natural gas based project at Meghnaghat, Bangladesh.


Reliance Power is among those companies owned by Anil Ambani, whose market capital is more than 1 thousand crore rupees. At the same time, the share price is around Rs 5 level. Most of Anil Ambani’s companies have a market capitalization of only three digits. ( These two companies of Anil Ambani used to give loans, then came to cover the business )

Parvesh Maurya
Parvesh Maurya
Parvesh Maurya, has 5 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @ informalnewz@gmail.com
RELATED ARTICLES
- Advertisment -

Most Popular

Recent Comments