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• Reliance Infrastructure reports consolidated net profit of INR 918.07 crore in Q4 FY26, down sharply from INR 4,387.08 crore a year earlier
• Revenue and total income decline marginally to INR 4,154.34 crore in the March quarter, reflecting weaker operating performance
• Rising expenses, particularly higher power purchase costs, weigh on profitability during the reporting period
• Company appoints new CEO and CFO as part of senior management restructuring
Reliance Infrastructure Limited has reported a steep decline in its consolidated net profit for the March quarter of FY26, as rising expenses, particularly higher power procurement costs, weighed on its financial performance. Advertisement
The company posted a net profit of INR 918.07 crore in the January–March quarter, compared with INR 4,387.08 crore in the same period of the previous financial year, according to its regulatory filing. The decline was primarily attributed to increased operating costs and higher expenditure across key segments.
Total income for the quarter fell marginally to INR 4,154.34 crore from INR 4,268.05 crore in the corresponding quarter of FY25, indicating subdued revenue performance alongside cost pressures.
On the expense side, Reliance Infrastructure reported total costs of INR 5,419.87 crore, up from INR 4,827.97 crore a year earlier. A significant contributor to the increase was the cost of power purchased, which rose to INR 3,285.68 crore from INR 2,739.62 crore in the same period of the previous year.
For the full financial year FY26, the company’s net profit declined to INR 2,900.23 crore from INR 4,937.52 crore in FY25. Annual income also reduced to INR 20,862.03 crore from INR 23,999.29 crore in the preceding year, reflecting overall pressure on both top line and profitability.
In a parallel development, the company announced changes to its senior leadership team. Reliance Infrastructure appointed Vijesh Babu Thota as Chief Executive Officer effective May 23. Thota previously served as the company’s Chief Financial Officer. The company has also approved the appointment of Asheesh Chaturvedi as the new Chief Financial Officer.
Reliance Infrastructure is engaged in infrastructure development across sectors including power, roads, metro rail and defence, and continues to operate in a capital-intensive environment where cost fluctuations significantly impact profitability.
Source PTI
5th Jun, 2025
25th May, 2023
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