Reliance Infrastructure Limited (BOM: 500390)

Reliance Infrastructure Income Statement

Financials in millions INR. Fiscal year is April - March.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Revenue	236,502	220,669	207,419	184,111	167,046	188,742
Revenue Growth (YoY)	12.91%	6.39%	12.66%	10.22%	-11.50%	-1.57%
Fuel & Purchased Power	150,940	149,980	142,710	111,306	103,211	120,203
Selling, General & Admin	42.8	42.8	48.3	132.8	131.1	48.9
Depreciation & Amortization	14,479	15,028	14,485	12,834	13,521	13,891
Other Operating Expenses	29,713	30,312	33,195	39,565	2,327	31,456
Total Operating Expenses	195,175	195,362	190,438	163,838	119,190	165,598
Operating Income	41,328	25,307	16,981	20,273	47,856	23,144
Interest Expense	-16,141	-18,526	-18,720	-16,077	-19,563	-19,828
Interest Income	1,959	1,959	1,486	1,535	1,468	10,545
Net Interest Expense	-14,182	-16,568	-17,234	-14,542	-18,096	-9,283
Income (Loss) on Equity Investments	2,725	-5,024	-910.1	-1,894	98.9	428.5
Currency Exchange Gain (Loss)	-21.3	-21.3	1,318	588.7	64.1	-109.3
Other Non-Operating Income (Expenses)	-22,130	-4,574	-5,199	-1,060	-5,363	1,621
EBT Excluding Unusual Items	7,719	-881	-5,044	3,367	24,560	15,802
Gain (Loss) on Sale of Investments	-406.1	-406.1	-1,001	1,014	918.5	-78.5
Gain (Loss) on Sale of Assets	-597.5	-597.5	-116.5	-32	-241	-251.8
Asset Writedown	-	-	-	-	-	-1,260
Other Unusual Items	30,587	-9,185	-19,405	-12,805	4,248	-5,636
Pretax Income	37,302	-11,070	-25,567	-8,457	29,486	8,576
Income Tax Expense	270.3	409.9	73.7	225.5	-1,671	-508.8
Earnings From Continuing Ops.	37,032	-11,480	-25,641	-8,682	31,157	9,084
Net Income to Company	37,032	-11,480	-25,641	-8,682	31,157	9,084
Minority Interest in Earnings	-4,962	-4,607	-6,571	-1,307	-19,904	-1,373
Net Income	32,071	-16,087	-32,212	-9,989	11,253	7,712
Net Income to Common	32,071	-16,087	-32,212	-9,989	11,253	7,712
Net Income Growth	-	-	-	-	45.91%	-
Shares Outstanding (Basic)	396	377	285	263	263	263
Shares Outstanding (Diluted)	396	377	285	263	263	263
Shares Change (YoY)	19.05%	32.27%	8.41%	-	-	-
EPS (Basic)	80.96	-42.66	-112.98	-37.98	42.79	29.32
EPS (Diluted)	80.96	-42.66	-112.98	-37.98	42.79	29.32
EPS Growth	-	-	-	-	45.91%	-
Free Cash Flow	33,993	31,706	24,769	31,881	7,644	18,461
Free Cash Flow Per Share	85.82	84.07	86.87	121.23	29.07	70.20
Profit Margin	13.56%	-7.29%	-15.53%	-5.43%	6.74%	4.09%
Free Cash Flow Margin	14.37%	14.37%	11.94%	17.32%	4.58%	9.78%
EBITDA	55,583	40,111	31,271	32,919	61,197	36,883
EBITDA Margin	23.50%	18.18%	15.08%	17.88%	36.63%	19.54%
D&A For EBITDA	14,255	14,804	14,290	12,646	13,342	13,739
EBIT	41,328	25,307	16,981	20,273	47,856	23,144
EBIT Margin	17.47%	11.47%	8.19%	11.01%	28.65%	12.26%
Effective Tax Rate	0.72%	-	-	-	-	-
Revenue as Reported	241,026	225,192	211,611	191,326	209,149	209,769

Source: S&P Capital IQ. Utility template. Financial Sources.