Reliance Industrial Infrastructure Ltd's Q3FY25 Quarterly Results

Result Summary

• Reliance Industrial Infrastructure Ltd reported a 1.3% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a decline of 9.4%.
• Its expenses for the quarter were up by 1.2% QoQ and down 4.4% YoY.
• The net profit decreased 12.2% QoQ and decreased 24.5% YoY.
• The earnings per share (EPS) of Reliance Industrial Infrastructure Ltd stood at 1.8 during Q3FY25.

Financial Statments for Q3FY25

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Reliance Industrial Infrastructure Ltd (RIIL) is a subsidiary of the Reliance Group, one of India's largest conglomerates. RIIL primarily engages in providing infrastructure support services, including transportation of petroleum products and raw water through pipelines, construction machinery leasing, and other related activities. The company operates within the industrial infrastructure sector and plays a crucial role in facilitating the logistics and infrastructure needs of its parent company and external clients. As of the latest updates, there are no major new developments publicly available for RIIL beyond its regular business operations.

Revenue

In the third quarter of the fiscal year 2025 (Q3FY25), Reliance Industrial Infrastructure Ltd reported a total income of ₹18.60 crores. This represents a marginal increase of 1.3% compared to the previous quarter (Q2FY25), where total income was ₹18.37 crores. However, on a year-over-year basis, there was a decline of 9.4% from ₹20.52 crores in Q3FY24. This indicates fluctuations in the company's revenue streams over the analyzed periods, reflecting changes in business activities or market conditions affecting the company’s income generation.

Profitability

The company recorded a profit before tax (PBT) of ₹2.96 crores in Q3FY25, which shows a slight increase of 1.4% from the ₹2.92 crores in Q2FY25. On a year-over-year basis, PBT decreased significantly by 28.8% from ₹4.16 crores in Q3FY24. The tax expense remained constant at ₹0.48 crores in both Q3FY25 and Q2FY25, dropping by 66.9% from ₹1.45 crores in Q3FY24. Profit after tax (PAT) decreased by 12.2% quarter-over-quarter to ₹2.74 crores in Q3FY25 from ₹3.12 crores in Q2FY25 and fell by 24.5% year-over-year from ₹3.63 crores in Q3FY24. Earnings per share (EPS) followed a similar trend, decreasing by 14.3% QoQ and 25.0% YoY.

Operating Metrics

Analysis of the operating expenses reveals that the company’s total expenses in Q3FY25 were ₹15.64 crores, which is a slight increase of 1.2% from ₹15.45 crores in Q2FY25. Year-over-year, total expenses decreased by 4.4% from ₹16.36 crores in Q3FY24. These changes in expenses, coupled with the revenue figures, have influenced the company's overall profitability metrics. The operating performance and cost management strategies of the company during these periods have contributed to these varying financial metrics, highlighting the firm's operational dynamics during the quarter.