Reliance Infrastructure Ltd reports Rs. 80.08 crore consolidated PAT in Q3FY21

RELIANCE INFRASTRUCTURE LTD. has reported financial results for the period ended December 31, 2020.

Financial Results (Q3 FY20-21) - QoQ Comparison

The company has reported total income of Rs.4010.59 crores during the period ended December 31, 2020 as compared to Rs.5256.64 crores during the period ended September 30, 2020.

The company has posted net profit / (loss) of Rs.80.08 crores for the period ended December 31, 2020 as against net profit / (loss) of Rs.(277.44) crores for the period ended September 30, 2020.

The company has reported EPS of Rs.3.01 for the period ended December 31, 2020 as compared to Rs.(10.55) for the period ended September 30, 2020.

Financials	Q3 FY20-21	Q2 FY20-21	% Change
Total Income	₹ 4010.59 crs	₹ 5256.64 crs	-23.7%
Net Profit	₹ 80.08 crs	₹ (277.44) crs	128.86%
EPS	₹ 3.01	₹ (10.55)	128.53%

Financial Results (Q3 FY20-21) - YoY Comparison

The company has reported total income of Rs.4010.59 crores during the period ended December 31, 2020 as compared to Rs.4527.37 crores during the period ended December 31, 2019.

The company has posted net profit / (loss) of Rs.80.08 crores for the period ended December 31, 2020 as against net profit / (loss) of Rs.345.51 crores for the period ended December 31, 2019.

The company has reported EPS of Rs.3.01 for the period ended December 31, 2020 as compared to Rs.13.14 for the period ended December 31, 2019.

Financials	Q3 FY20-21	Q3 FY19-20	% Change
Total Income	₹ 4010.59 crs	₹ 4527.37 crs	-11.41%
Net Profit	₹ 80.08 crs	₹ 345.51 crs	-76.82%
EPS	₹ 3.01	₹ 13.14	-77.09%

Financial Results (9 Months ended FY 20-21) - YoY Comparison

The company has reported total income of Rs.13054.08 crores during the 9 months period ended December 31, 2020 as compared to Rs.16964.02 crores during the 9 months period ended December 31, 2019.

The company has posted net profit / (loss) of Rs.(485.77) crores for the 9 months period ended December 31, 2020 as against net profit / (loss) of Rs.925.01 crores for the 9 months period ended December 31, 2019.

The company has reported EPS of Rs.(18.47) for the 9 months period ended December 31, 2020 as compared to Rs.35.17 for the 9 months period ended December 31, 2019.

Financials	9 Months ended FY20-21	9 Months ended FY19-20	% Change
Total Income	₹ 13054.08 crs	₹ 16964.02 crs	-23.05%
Net Profit	₹ (485.77) crs	₹ 925.01 crs	-152.52%
EPS	₹ (18.47)	₹35.17	-152.52%

Operational highlights

- Over 45,000 new households added in Delhi Discoms; Total households : 44.6 lakhs

- Traffic and revenue for toll roads reached at pre-Covid levels

- Mumbai Metro resumed commercial operations in October 2020; To achieve operational breakeven on resumption of suburban railway trains for general public

- Completed sale of Delhi Agra (DA) toll road sale for Enterprise Value of ~Rs 3,600 crore to Cube Highways and Infrastructure III Pte. Ltd.

- Completed sale of its entire shareholding in Parbati Koldam Transmission Company Ltd for Enterprise Value of ~Rs 900 crore to India Grid Trust

- Defence JV with Dassault and Thales are fully operational at Mihan

Shares of RELIANCE INFRASTRUCTURE LTD. was last trading in BSE at Rs.28.2 as compared to the previous close of Rs. 27.7. The total number of shares traded during the day was 618597 in over 1664 trades.

The stock hit an intraday high of Rs. 29.05 and intraday low of 27.2. The net turnover during the day was Rs. 17737346.

Source : Equity Bulls

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