Reliance Infrastructure Limited — Board Meeting, 23-05-2025: Outcome of Board Meeting
23-05-2025 | 07:08 pm
23-05-2025 | 07:08 pm
Reliance Infrastructure has announced a board meeting on May 23, 2025, approving consolidated financial results for FY25. The group posted a strong net profit of ₹4,938 Cr, a turnaround from last year’s ₹1,609 Cr loss, boosted by ₹1,100 Cr in exceptional gains from debt settlements and arbitration. Revenue rose sharply to ₹30,018 Cr from ₹22,782 Cr. Challenges persist with some subsidiaries under financial stress and ongoing legal issues, but the company remains confident in asset monetization and debt management. Vijesh Babu Thota joins as Executive Director for three years.
No comments yet. Be the first to comment!
