Categories AlphaGraphs, Earnings, Realty

Reliance Infrastructure Ltd Q3FY24; 13% rise in Revenue

Reliance Infrastructure Ltd. is one of the largest infrastructure companies engaged in developing infrastructure projects through various Special Purpose Vehicles (SPVs) in several sectors such as power, roads, metro rail and airport in the infrastructure space and the defence sector. The company is also a leading utility Company having a presence across the value chain of power businesses i.e. generation, transmission, distribution and power trading.

Financial Results:

Reliance Infrastructure Ltd reported Revenues for Q3FY24 of ₹4,657.00 Crores up from ₹4,111.00 Crore year on year, a rise of 13.28%.

Total Expenses for Q3FY24 of ₹5,070.00 Crores up from ₹4,841.00 Crores year on year, a rise of 4.73%.

Consolidated Net Profit of -₹301.00 Crores from -₹127.00 Crores in the same quarter of the previous year.

The Earnings per Share is -₹10.63, from -₹9.31 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

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