Reliance Power Q2 net jumps 21%

Anil Ambani group company Reliance Power today posted a net profit of Rs 235 crore for the quarter ended September 30,2010,a jump of 21 per cent over that in the same period last fiscal.

Reliance Power had recorded a net profit of Rs 194 crore in the period ended September 30,2009,the company informed the Bombay Stock Exchange.

Total income of the company more than doubled to Rs 512 crore during the quarter from Rs 246 crore in the same quarter last fiscal,it said.

Shares of the company closed at Rs 181.90,down 3.55 per cent on the BSE.