Reliance Infrastructure Limited (NSE:RELINFRA)

Reliance Infrastructure Income Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Revenue	212,833	235,919	220,669	207,419	184,111	167,046
Revenue Growth (YoY)	-10.48%	6.91%	6.39%	12.66%	10.22%	-11.49%
Fuel & Purchased Power	140,446	148,734	149,980	142,710	111,306	103,211
Operations & Maintenance	3,798	3,798	3,643	-	-	-
Selling, General & Admin	44.3	44.3	42.8	48.3	132.8	131.1
Depreciation & Amortization	14,612	14,212	15,028	14,485	12,834	13,521
Other Operating Expenses	29,174	28,445	28,565	33,195	39,565	2,327
Total Operating Expenses	188,073	195,233	197,258	190,438	163,838	119,190
Operating Income	24,760	40,685	23,410	16,981	20,273	47,856
Interest Expense	-14,195	-14,909	-18,526	-18,720	-16,077	-19,563
Interest Income	2,368	2,368	1,959	1,486	1,535	1,468
Net Interest Expense	-11,827	-12,540	-16,568	-17,234	-14,542	-18,096
Income (Loss) on Equity Investments	770	6,871	-5,024	-910.1	-1,894	98.9
Currency Exchange Gain (Loss)	-113.5	-113.5	-21.3	1,318	588.7	64.1
Other Non-Operating Income (Expenses)	29,076	-1,439	-2,678	-5,199	-1,060	-5,363
EBT Excluding Unusual Items	42,666	33,464	-881	-5,044	3,367	24,560
Gain (Loss) on Sale of Investments	52.3	52.3	-406.1	-1,001	1,014	918.5
Gain (Loss) on Sale of Assets	-70.9	-70.9	-597.5	-116.5	-32	-241
Other Unusual Items	36,808	58,265	-9,185	-19,405	-12,805	4,248
Pretax Income	79,455	91,710	-11,070	-25,567	-8,457	29,486
Income Tax Expense	-106.9	-62.3	409.9	73.7	225.5	-1,671
Earnings From Continuing Ops.	79,562	91,772	-11,480	-25,641	-8,682	31,157
Net Income to Company	79,562	91,772	-11,480	-25,641	-8,682	31,157
Minority Interest in Earnings	-48,964	-42,397	-4,607	-6,571	-1,307	-19,904
Net Income	30,598	49,375	-16,087	-32,212	-9,989	11,253
Net Income to Common	30,598	49,375	-16,087	-32,212	-9,989	11,253
Net Income Growth	-4.59%	-	-	-	-	45.91%
Shares Outstanding (Basic)	400	396	377	285	263	263
Shares Outstanding (Diluted)	422	409	377	285	263	263
Shares Change (YoY)	6.62%	8.50%	32.27%	8.41%	-	-
EPS (Basic)	76.55	124.64	-42.66	-112.98	-37.98	42.79
EPS (Diluted)	72.45	120.68	-42.66	-112.98	-37.98	42.79
EPS Growth	-10.51%	-	-	-	-	45.91%
Free Cash Flow	9,418	23,349	31,706	24,769	31,881	7,644
Free Cash Flow Per Share	22.30	57.06	84.08	86.88	121.23	29.07
Profit Margin	14.38%	20.93%	-7.29%	-15.53%	-5.42%	6.74%
Free Cash Flow Margin	4.42%	9.90%	14.37%	11.94%	17.32%	4.58%
EBITDA	39,147	54,673	38,330	31,271	32,919	61,197
EBITDA Margin	18.39%	23.17%	17.37%	15.08%	17.88%	36.63%
D&A For EBITDA	14,387	13,988	14,920	14,290	12,646	13,342
EBIT	24,760	40,685	23,410	16,981	20,273	47,856
EBIT Margin	11.63%	17.25%	10.61%	8.19%	11.01%	28.65%
Revenue as Reported	217,422	239,993	225,192	211,611	191,326	209,149

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Utility template. Financial Sources.