Reliance Infrastructure's Q4 FY 2025-26 Quarterly Results

Result Summary

• Reliance Infrastructure Ltd reported a 4.8% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Mar (Q4 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a decline of 2.7%.
• Its expenses for the quarter were up by 33.0% QoQ and 12.3% YoY.
• The net profit increased 416.7% QoQ and decreased 80.1% YoY.
• The earnings per share (EPS) of Reliance Infrastructure Ltd stood at 22.44 during Q4 FY 2025-26.

Financial Statments for Q4 FY 2025-26

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Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Reliance Infrastructure Ltd is a leading company in India, primarily involved in the infrastructure sector, including power, roads, real estate, and airports. The company is part of the larger Reliance Group, which is one of India's premier business houses. Its power business is among the largest in the private sector in terms of capacity, and it operates multiple infrastructure projects across the country. As of the latest known developments up to October 2023, the company has been focusing on expanding its infrastructure capabilities and optimizing its existing assets to enhance operational efficiencies. Specific recent developments beyond October 2023 are not available.

Revenue

In the fourth quarter of the fiscal year 2026 (Q4FY26), Reliance Infrastructure Ltd reported a total income of ₹4154.34 crores. This represents a decline of 4.8% compared to the previous quarter (Q3FY26), where total income was ₹4362.61 crores. When compared to the same quarter in the previous year (Q4FY25), total income decreased by 2.7% from ₹4268.05 crores. The reduction in revenue both quarter-over-quarter and year-over-year highlights a contraction in the company's ability to generate income over the periods specified.

Profitability

The company saw a significant increase in its profit metrics on a quarter-over-quarter basis. Profit Before Tax (PBT) in Q4FY26 was ₹1155.35 crores, marking an increase of 276.2% from the ₹307.11 crores reported in Q3FY26. However, this is a stark decrease of 86.0% compared to Q4FY25, where the PBT was ₹8229.30 crores. Profit After Tax (PAT) followed a similar pattern, standing at ₹1640.15 crores in Q4FY26, which is an increase of 416.7% from the previous quarter's ₹317.42 crores, yet a decrease of 80.1% from ₹8261.75 crores in Q4FY25. The fluctuations in profitability metrics indicate changes in income and expenses management over the quarters.

Operating Metrics

The Earnings Per Share (EPS) for Q4FY26 was ₹22.44, which demonstrates a substantial increase of 8530.8% compared to the previous quarter's EPS of ₹0.26. Yet, it represents a decrease of 79.7% compared to Q4FY25's EPS of ₹110.75. Total expenses for Q4FY26 were ₹5419.87 crores, showing a 33.0% increase from ₹4075.50 crores in Q3FY26 and a 12.3% increase from ₹4827.97 crores in Q4FY25. The tax outflow experienced an unusual increase, with a tax provision of ₹611.30 crores in Q4FY26 compared to a negligible tax of approximately ₹2.28 crores in Q3FY26 and Q4FY25, leading to exceptionally high YoY and QoQ percentage changes. These operating metrics indicate significant variations in the company's financial and operational strategies across the quarters.