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Reliance Infrastructure’s consolidated net loss narrows to Rs 95 crore in Q1

11 Aug 2021 Evaluate

Reliance Infrastructure has reported results for first quarter ended June 30, 2021.

The company has reported net profit at Rs 82.13 crore for the quarter under review as compared to net loss of Rs 32.13 crore for the same quarter in the previous year. Total income of the company increased by 16.77% at Rs 534.36 crore for Q1FY22 as compared Rs 457.62 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported net loss attributable to owners at Rs 95.15 crore for the quarter under review as compared to net loss of Rs 288.41 crore for the same quarter in the previous year. However, total income of the company increased by 22.08% at Rs 4623.17 crore for Q1FY22 as compared Rs 3786.85 crore for the corresponding quarter previous year.

Peers
Company Name CMP
NTPC 333.30
Tata Power 365.00
Adani Power 209.85
Power Grid Corpn. 269.10
Adani Energy Solut. 1373.75
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