Reliance Infrastructure Limited — Board Meeting, 24-05-2025: Outcome of Board Meeting

Reliance Infrastructure has announced a board meeting on May 23, 2025, approving audited consolidated financial results for the quarter and year. The group posted total income of Rs 30,017.63 Cr and a net profit of Rs 4,937.52 Cr for the year, marking a strong comeback from earlier losses. Despite ongoing challenges in some subsidiaries and toll road ventures, the company remains focused on its core businesses. Key updates include appointing Vijesh Babu Thota as Executive Director for 3 years, clearing all corporate guarantee liabilities related to an EPC company, planning a $350 million FCCB issue at 5%, and approving the merger of Reliance Velocity Limited.