ALPHA TRIBE

Reliance Infrastructure LimitedImportant, 14-11-2024: Financial Result Updates

14-11-2024 | 08:18 pm

Reliance Infrastructure Limited reported consolidated operating income of ₹14,451 crore for the half-year, reflecting a 13% year-over-year increase compared to ₹12,743 crore in the previous half-year. For Q2 FY25, the company achieved a consolidated operating income of ₹7,258 crore, up 10% from ₹7,193 crore in Q1 FY25.

Net profit for Q2 FY25 stood at ₹4,083 crore, indicative of robust operational performance, driven by expanded customer base and operational efficiencies in its Delhi Discoms, where T&D losses have reduced below 7%. The company has also added over 48,000 new households during the quarter, enhancing revenue potential.

Reliance Infrastructure's operational costs appear stable, marked by effective cost management and increased efficiencies. The debt-to-equity ratio has improved significantly from 0.93 in FY24 to 0.52 in Q2 FY25, demonstrating a sound balance sheet, with total debt servicing at ₹3,758 crore over six months.

The strategic outlook is positive, focusing on further market expansion and operational improvements in core segments. The company is well-positioned to leverage infrastructure growth in India, especially with innovations in utility services and metro projects.

Given these positive trends and strong financial health, this stock could be viewed favorably for long-term investment potential.

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