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Reliance Infrastructure Ltd (RInfra) reported a strong financial turnaround earlier this week, posting a net profit of INR 4,387 crore for the March quarter, compared to a net loss of INR 220.58 crore in the same period last year. The significant improvement was largely attributed to a substantial reduction in overall expenses. Although the company's total income saw a dip, strategic cost management played a pivotal role in boosting profitability. For the full financial year, RInfra posted a net profit of INR 4,937.52 crore, reversing the previous year's loss. Notably, the company confirmed zero standalone net debt and a surge in consolidated net worth.
The March quarter net profit of INR 4,387 crore was reported by Reliance Infrastructure Ltd (RInfra), which was a significant improvement over the INR 220.58 crore net loss it had recorded during the same period the previous year. This notable turnaround was primarily driven by a concerted effort to reduce expenses, the company indicated in a recent stock exchange filing. Advertisement
Despite a drop in total income to INR 4,268.05 crore from INR 4,783.30 crore a year earlier, the reduction in costs significantly bolstered profitability. Operating expenses fell to INR 4,827.97 crore during the quarter, down from INR 5,286.81 crore recorded in the final quarter of the previous fiscal.
RInfra's quarterly income stood at INR 8,274.87 crore, a considerable rise from INR 298.73 crore during the fourth quarter of the last financial year, indicating an improvement in operational and financial efficiencies.
For the full financial year, the company posted a net profit of INR 4,937.52 crore, reversing the net loss of INR 1,608.66 crore reported in the preceding year. This marks a significant milestone in the firm's ongoing financial recovery.
The company shared in a separate statement that its consolidated net worth had increased by INR 4,388 crore to reach INR 14,287 crore as of the end of March, up from INR 9,899 crore at the end of December last year. It also revealed that its standalone net debt from banks and financial institutions had been completely wiped out as of March-end.
In its power distribution segment, RInfra's subsidiary BSES added over 44,549 new household connections during the fourth quarter of FY25, bringing the total to 52.26 lakh. Operational efficiency gains also led to a reduction in transmission and distribution losses, which dropped below 7 per cent in Delhi on a rolling basis.
Reliance Infrastructure remains a prominent infrastructure developer with projects across power, roads, metro rail, and defence, largely undertaken through its special purpose vehicles. It also continues to serve as a key player in engineering and construction services for large-scale infrastructure and energy projects across the country.
Zero net debt, a substantial rise in net worth, and reduced T&D losses in its distribution arm all reflect a renewed financial resilience. With its diversified presence in high-growth infrastructure sectors and an eye on strategic execution, RInfra appears poised for long-term stability and competitiveness in the evolving infrastructure landscape.
Source - PTI
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