Now Reading: RInfra Q4 net profit drops 79% on higher expenses
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RInfra Q4 net profit drops 79% on higher expenses
Reliance Infrastructure posted a consolidated net profit of Rs 918.07 crore in Q4 FY26, down sharply from Rs 4,387.08 crore a year earlier, the company said in an exchange filing. Total income…
The Story in Brief
Reliance Infrastructure posted a consolidated net profit of Rs 918.07 crore in Q4 FY26, down sharply from Rs 4,387.08 crore a year earlier, the company said in an exchange filing. Total income fell to Rs 4,154.34 crore from Rs 4,268.05 crore, while expenses rose to Rs 5,419.87 crore from Rs 4,827.97 crore. Cost of power purchased climbed to Rs 3,285.68 crore from Rs 2,739.62 crore.
For full-year FY26, net profit slipped to Rs 2,900.23 crore from Rs 4,937.52 crore in FY25, and income dropped to Rs 20,862.03 crore from Rs 23,999.29 crore. Separately, the firm named Vijesh Babu Thota as CEO effective May 23, promoting him from CFO. Asheesh Chaturvedi will take over as the new CFO.
The Indian Opinion
Headlines will scream profit crash, but the real story is a 20% jump in power purchase costs squeezing margins while revenue barely moved. Investors should watch whether the new CEO trims that input bill or bets on tariff revisions. The annual profit fall of Rs 2,037 crore is steep, yet the quarterly dip of Rs 3,469 crore looks worse because the base quarter included exceptional gains. Did the filing break out those one-offs? That number will settle how much of this slide is operating pain versus accounting noise.
Source: millenniumpost.in
This story was synthesised by AI from the source linked above.
