Reliance Infrastructure Quarterly Results

Charts

YoY Net Sales (Quarterly)

Operating Margin

EPS Growth

POSITIVES

Significant revenue growth in Q2 2024, reaching ₹7258.49 Crore, up from ₹7136.81 Crore in Q1 2024.
Profitability turnaround in Q3 2024 with a net profit of ₹4194.63 Crore, contrasting with previous losses.
Reduction in operating losses from ₹-354.98 Crore in Q2 2023 to ₹-141.67 Crore in Q2 2024, indicating improving operational efficiency.

NEGATIVES

Continued volatility in profits with a net loss of ₹3186.33 Crore anticipated in Q4 2024, following a profitable Q3.
High dependency on other income sources, with significant fluctuations leading to a loss of ₹3656.24 Crore in Q3 2024.
Rising expenses, particularly in material costs, which reached ₹7,334.50 Crore in Q2 2024, impacting margins negatively.

Field	Jun 23	Sep 23	Dec 23	Mar 24	Jun 24	Sep 24	Dec 24	Jun 25
Revenue	5,564.60	7,136.81	4,657.33	4,685.96	7,192.83	7,258.49	5,032.55	5,907.82
Expenses	5,785.32	7,491.79	4,848.29	4,988.08	7,334.50	7,474.75	5,252.78	6,469.81
Operating Profit	-220.72	-354.98	-190.96	-302.12	-141.67	-216.26	-220.23	-561.99
Other Income	80.72	236.68	59.76	97.34	63.38	87.47	96.52	127.77
Interest	570.73	610	577.64	551.71	469.90	472.28	467.54	409.15
Depreciation	370.80	386.97	378.52	366.46	347.75	355.14	358.59	375.01
Profit Before Tax	-567.35	-176.65	-285.97	-77.02	-101.65	4,194.87	-3,181.61	299.03
Tax	-0.05	5.43	15.01	20.61	-8.82	0.24	4.72	-6.42
Net Profit	-567.30	-182.08	-300.98	-97.63	-92.83	4,194.63	-3,186.33	305.45
Eps in Rs	-19.13	-8.21	-10.09	-5.57	-5.90	103.06	-83.26	2.20