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Reliance Infrastructure reports 32% growth in Q4 net profit

26 May 2012 Evaluate

Reliance Infrastructure has reported results for the quarter and year ended March 31, 2012.

The company’s net profit for the fourth quarter ended March 31, 2012 rose by 32.04% of Rs 658.18 crore as compared to Rs 498.47 crore for the quarter ended March 31, 2011. Total income has zoomed by 126.82% to Rs 5900.03 crore for the quarter under review from Rs 2601.19 crore for the corresponding quarter of the previous year.

For the Year ended March 31, 2012, the company’s net profit registered 85.05% growth at Rs 2000.26 crore as compared to Rs 1080.91 crore for the previous year. The company’s total income has surged by 84.34% to Rs 18565.41 crore for the year from Rs 10071.17 crore in the previous year.

On Consolidated basis, the Group’s net profit after taxes, minority interest and share of associates stood at Rs 1586.81 crore for the year under review as compared to Rs 1551.61 crore for the period ago, up by 2.27%. Its total income has increased by 57.31% to Rs 25032.92 crore for the year ended March 31, 2012 from Rs 15912.87 crore in the previous year.

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