
Reliance Infrastructure (RInfra) reported a consolidated net profit of Rs 918.07 crore for the fourth quarter of FY26, a sharp drop from Rs 4,387.08 crore in the same period last year, according to an exchange filing. The company attributed the decline to higher expenses.

Total income for the January-March quarter fell to Rs 4,154.34 crore from Rs 4,268.05 crore a year earlier. Expenses rose to Rs 5,419.87 crore from Rs 4,827.97 crore, with the cost of power purchased increasing to Rs 3,285.68 crore from Rs 2,739.62 crore.
For the full fiscal year FY26, net profit dipped to Rs 2,900.23 crore from Rs 4,937.52 crore in FY25. Annual income fell to Rs 20,862.03 crore from Rs 23,999.29 crore. Separately, the company appointed Vijesh Babu Thota as CEO, effective May 23, and Asheesh Chaturvedi as the new CFO.
Source: millenniumpost.in
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