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InFocus Finance

RIIL: Announces Q1 Financial Results

Audited Standalone and Consolidated Financial Results of Reliance Industrial Infrastructure Limited (RIIL) for the quarter and year ended 31st March 2024

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SMEStreet Edit Desk
19 Apr 2024 17:37 IST

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Reliance Industrial Infrastructure Limited RIIL

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Reliance Industrial Infrastructure Limited (“the Company”) today reported its financial performance for the quarter ended March 31, 2024.  Highlights of the audited financial results as compared to the previous periods are as under:  

CONSOLIDATED FINANCIAL PERFORMANCE  

 (₹ in Lakh, except per share data) 

Particulars

Q4

FY 23-24

Q3

FY 23-24

Q4 

FY 22-23

 

% Change w.r.t Q4 

FY 22-23

FY 23-24 (Audited)

 

FY 22-23  

(Audited)

 

 

% Change wrt

FY 22-23

 

Total Income

2,070.05 

2,052.38 

2,080.83 

(1%)

8,269.81 

8,093.57 

2%

PBDIT

530.00 

565.80 

480.84 

10%

2,156.44 

1,771.23 

22%

Share of Profit of Associate

81.85 

91.81 

85.90 

(5%)

310.57 

198.86 

56%

Profit Before Tax

474.19 

507.78 

374.42 

27%

1,895.52 

1,182.55 

60%

Exceptional Items (Net)

- 

- 

791.99 

- 

- 

791.99 

- 

Net Profit (excluding Exceptional Items (Net))

369.24 

363.23 

362.30 

2%

1,331.84 

964.92 

38%

EPS (₹) - Before Exceptional Items

2.45 

2.41 

2.40 

2%

8.82 

6.39 

38%

QUARTER’S PERFORMANCE (CONSOLIDATED) 

 Total Income is ₹ 2,070.05 Lakh as compared to ₹ 2,080.83 Lakh on Y-o-Y basis, on account of 

lower utilisation of infrastructure assets, partly offset by other income from higher average cash and marketable securities. 

 Net Profit (excluding Exceptional Items (Net)) is ₹ 369.24 Lakh as compared to ₹ 362.30 Lakh in Q4 FY 2022-23.

STANDALONE FINANCIAL PERFORMANCE  

 (₹ in Lakh, except per share data) 

Particulars

Q4

FY 23-24

Q3

FY 23-24

Q4 

FY 22-23 

% Change w.r.t Q4 

FY 22-23

FY 23-24 (Audited)

 

FY 22-23  

(Audited)

 

 

% Change wrt

FY 22-23

 

Total Income

2,070.05 

2,052.38 

2,080.83 

(1%)

8,269.81 

8,093.57 

2%

PBDIT

448.15 

473.99 

394.94 

13%

1,845.87 

1,572.37 

17%

Profit Before Tax

392.34 

415.97 

288.52 

36%

1,584.95 

983.69 

61%

Exceptional Items (Net)

- 

- 

791.99 

- 

- 

791.99 

- 

Net Profit (excluding Exceptional Items (Net))

287.39 

271.42 

276.40 

4%

1,021.27 

766.06 

33%

EPS (₹) - Before Exceptional Items

1.90 

1.80 

1.83 

4%

6.76 

5.07 

33%

QUARTER’S PERFORMANCE (STANDALONE) 

 Total Income is ₹ 2,070.05 Lakh as compared to ₹ 2,080.83 Lakh on Y-o-Y basis, on account of 

lower utilisation of infrastructure assets, partly offset by other income from higher average cash and marketable securities. 

 Net Profit (excluding Exceptional Items (Net)) is ₹ 287.39 Lakh as compared to ₹ 276.40 Lakh in Q4 FY 2022-23. 

 The Board of Directors have recommended, subject to approval of shareholders at the ensuing 36th Annual General Meeting, a dividend of ₹ 3.50 per fully paid-up equity share of ₹ 10/- each, aggregating to ₹ 528.50 Lakh for the financial year ended March 31, 2024. 

 The Company continues to provide infrastructure support services which includes transportation of petroleum products and raw water through pipelines and other support services mainly to Reliance Industries Limited. 

 The Company presently does not have any expansion plans on the anvil. 

 

RIIL Reliance Industrial Infrastructure Ltd
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