Reliance Industrial InfraStructure's Q4FY22 profit falls 64.6% YoY due to the impact of covid-19 Construction & Engineering company Reliance Industrial InfraStructure declares Q4FY22 result: Consolidated Results: Total Income is Rs 1,965.28 Lakh as compared to Rs 1,888.32 Lakh on YoY basis. Income from Hiring Construction Machineries increased to Rs 293.62 Lakh from Rs 200.45 Lakh. Income from Other Support Services increased to Rs 511.34 Lakh from Rs 449.83 Lakh. Income from Product Transportation Service decreased from Rs 857.59 Lakh to Rs 834.71 Lakh. Other Income decreased from Rs 380.45 Lakh to Rs 325.60 Lakh. Net Profit decreased to Rs 106.55 Lakh from Rs 300.70 Lakh. Standalone Results: Total Income is Rs 1,965.28 Lakh as compared to Rs 1,888.32 Lakh on YoY basis. Income from Hiring Construction Machineries increased to Rs 293.62 Lakh from Rs 200.45 Lakh. Income from Other Support Services increased to Rs 511.34 Lakh from Rs 449.83 Lakh. Income from Product Transportation Service decreased from Rs 857.59 Lakh to Rs 834.71 Lakh. Other Income decreased from Rs 380.45 Lakh to Rs 325.60 Lakh. Net Profit decreased to Rs 183.33 Lakh from Rs 239.45 Lakh. The Board of Directors have recommended, subject to approval of shareholders at the ensuring 34th Annual General Meeting, a dividend of Rs 3/- per fully paid up equity share of Rs 10/- each, aggregating to Rs 453 Lakh for the financial year ended March 31, 2022. Result PDF
Cement and Construction company Reliance Industrial InfraStructure declares Q3FY22 result: Consolidated: Total Income is Rs 2,040.67 lakh as compared to Rs 1,653.84 lakh on YoY basis. Income from Product Transportation Service increased to Rs 845.45 lakh from Rs 792.41 lakh. Income from Hiring Construction Machineries increased to Rs 346.33 lakh from Rs 62.39 lakh. Income from Other Support Services increased to Rs 447.31 lakh from Rs 411.84 lakh. Other Income increased to Rs 401.58 lakh from Rs 387.20 lakh. Net Profit decreased to Rs 233.11 lakh from Rs 239.66 lakh Standalone: Total Income of Rs 2,040.67 lakh as compared to Rs 1,653.84 lakh on YoY basis. Income from Product Transportation Service increased to Rs 845.45 lakh from Rs 792.41 lakh. Income from Hiring Construction Machineries increased to Rs 346.33 lakh from Rs 62.39 lakh. Income from Other Support Services increased to Rs 447.31 lakh from Rs 411.84 lakh. Other Income increased to Rs 401.58 lakh from Rs 387.20 lakh. Net Profit increased to Rs 199.36 lakh from Rs 195.13 lakh. Result PDF
Highlights; Total Income of Rs 2,116.23 Lakh as compared to Rs 1,771.86 Lakh on Y-o-Y basis. Income from Product Transportation Service increased to Rs 857.05 Lakh from Rs 804.09 Lakh. Income from Hiring Construction Machineries increased to Rs 369.77 Lakh from Rs 139.08 Lakh. Income from Other Support Services increased to Rs 447.31 Lakh from Rs 419.65 Lakh. Other Income increased to Rs 442.10 Lakh from Rs 409.04 Lakh. Net Profit increased to Rs 255.39 Lakh from Rs 219.20 Lakh. Total Income of Rs 2,116.23 Lakh as compared to Rs 1,771.86 Lakh on Y-o-Y basis. Income from Product Transportation Service increased to Rs 857.05 Lakh from Rs 804.09 Lakh. Income from Hiring Construction Machineries increased to Rs 369.77 Lakh from Rs 139.08 Lakh. Income from Other Support Services increased to Rs 447.31 Lakh from Rs 419.65 Lakh. Other Income increased to Rs 442.10 Lakh from Rs 409.04 Lakh. Net Profit increased to Rs 194.14 Lakh from Rs 174.67 Lakh. The Company has taken into account the impact of COVID-19 in preparation of the financial results, including but not limited to its assessment of liquidity and going concern assumption, recoverable values of its financial and non-financial assets, impact on revenues and on cost budgets. The Company has considered internal and certain external sources of information up to the date of approval of the standalone and consolidated financial results for the quarter / half year and expects to recover the carrying amount of its assets. Result PDF