The company had reported net profit of Rs 1,790.87 crore of the corresponding quarter a year ago.
Reliance had jointly with JM Financial Asset Reconstruction Co Ltd bid for acquiring Alok Industries that was auctioned under the insolvency and bankruptcy law by lenders to recover their unpaid loans.
The Sensex is just 0.38 percent and the Nifty about 0.6 percent away from hitting fresh record highs.
The appellate tribunal observed that the Securities and Exchange Board of India (Sebi) in its affidavit had also said that there is no requirement for permission of the market regulator for such delisting.
While Bhushan Power & Steel dues are to the tune of Rs 2,099 crore, Alok Industries dues are Rs 903 crore.