RELIANCE INFRA Announces Quarterly Results (1QFY19); Net Profit Down 22.9%

Helping You Build Wealth With Honest Research
Since 1996. Try Now

  • MyStocks

MEMBER'S LOGINX

     
Login Failure
   
     
   
     
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

RELIANCE INFRA Announces Quarterly Results (1QFY19); Net Profit Down 22.9%
Fri, 3 Aug

RELIANCE INFRA has announced its results for the quarter ended June 2018. Here is a detailed performance review of the same:

RELIANCE INFRA Quarterly Financials

No. of Mths
Qtr. Ending
3
Jun-17*
3
Mar-18*
3
Jun-18*
QoQ ChangeYoY Change
Net SalesRs m75,59451,66676,16647.4%0.8%
Other incomeRs m5,2616,4716,107-5.6%16.1%
TurnoverRs m80,85558,13782,27441.5%1.8%
ExpensesRs m55,44943,37558,04333.8%4.7%
Gross profitRs m18,16522,11915,542-29.7%-14.4%
DepreciationRs m4,5344,8115,2038.1%14.7%
InterestRs m14,91616,92016,380-3.2%9.8%
Profit before taxRs m3,9766,85966-99.0%-98.4%
TaxRs m402202-2,688-1434.0%-768.3%
Profit after taxRs m3,5736,6572,754-58.6%-22.9%
Gross profit margin%24.042.820.4
Effective tax rate%10.12.9-4,104.0
Net profit margin%4.411.53.3
* Results Consolidated
Interim results exclude extraordinary / exceptional items
Source: Company Reports, Regulatory Filings, Equitymaster


Year-on-Year Performance:
  • The company's operating income during the quarter grew 0.8% on a year-on-year (YoY) basis. The expenses were up by 4.7% YoY during the same period.
  • The company's operating profit declined by 14.4% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 20.4% in 1QFY19 as against 24.0% in 1QFY18.
  • Depreciation charges and finance costs increased by 14.7% YoY and 9.8% YoY, respectively.
  • Other income increased by 16.1% YoY during the quarter.
  • Net profit for the quarter declined by 22.9% YoY. Net profit margins during the quarter declined from 4.4% in 1QFY18 to 3.3% in 1QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 47.4% on a quarter-on-quarter (QoQ) basis. The expenses were up by 33.8% QoQ during the same period.
  • The company's operating profit declined by 29.7% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 20.4% in 1QFY19 as against 42.8% in 4QFY18.
  • Net profit for the quarter declined by 58.6% QoQ, while net profit margins declined from 11.5% in 4QFY18 to 3.3% in 1QFY19.

To see how RELIANCE INFRA has performed over the last eight quarters, please visit here.

RELIANCE INFRA Share Price Performance

Over the last one year, RELIANCE INFRA share price has moved up from Rs 525.8 to Rs 400.6, registering a Loss of Rs 125.2 or around 23.8%.

Meanwhile, the S&P BSE POWER Index is trading at Rs 1,991.7 (up 0.5%). Over the last one year it has moved down from 2,318.3 to 1,991.7, a gain of 327 points (down 14.1%).

Overall, the S&P BSE SENSEX is up 1.1% over the year.

Current Valuations

At the current price of Rs 400.6, the price to earnings (P/E) ratio of RELIANCE INFRA stands at 7.3 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 0.5 times.

Equitymaster requests your view! Post a comment on "RELIANCE INFRA Announces Quarterly Results (1QFY19); Net Profit Down 22.9%". Click here!

  

Related Views on News

RELIANCE INFRA Announces Quarterly Results (4QFY19); Net Profit Down 428.1% (Quarterly Result Update)

Jun 17, 2019 | Updated on Jun 17, 2019

For the quarter ended March 2019, RELIANCE INFRA has posted a net profit of Rs 22 bn (down 428.1% YoY). Sales on the other hand came in at Rs 40 bn (down 22.3% YoY). Read on for a complete analysis of RELIANCE INFRA's quarterly results.

RELIANCE INFRA Announces Quarterly Results (3QFY19); Net Profit Down 534.8% (Quarterly Result Update)

Feb 13, 2019 | Updated on Feb 13, 2019

For the quarter ended December 2018, RELIANCE INFRA has posted a net profit of Rs 2 bn (down 534.8% YoY). Sales on the other hand came in at Rs 41 bn (down 29.8% YoY). Read on for a complete analysis of RELIANCE INFRA's quarterly results.

RELIANCE INFRA 2017-18 Annual Report Analysis (Annual Result Update)

Dec 19, 2018 | Updated on Dec 19, 2018

Here's an analysis of the annual report of RELIANCE INFRA for 2017-18. It includes a full income statement, balance sheet and cash flow analysis of RELIANCE INFRA. Also includes updates on the valuation of RELIANCE INFRA.

More Views on News

Most Popular

Is Hawkins Set to Become Our Next Superhero Stock?(The 5 Minute Wrapup)

Nov 1, 2019

After PI Industries, Hawkins has put up a stellar show so far.

Crash Alert! Is There a Big Bubble in Nestle, HUL and Asian Paints?(Profit Hunter)

Nov 7, 2019

Is this the beginning of the end of multibagger gains in quality stocks like Nestle, HUL, and Asian Paints?

These 10 Days Are Crucial for Getting Rich in the Smallcap Rebound(Profit Hunter)

Nov 5, 2019

How to avoid the most common investing mistake and make the most of the smallcap rebound.

The Top Stocks for 2020 Pass This Most Critical Metric(The 5 Minute Wrapup)

Nov 5, 2019

Charlie Munger's favorite fictional character, Mr Glotz, picks stocks using this metric.

What to Buy at Sensex 40,000(The 5 Minute Wrapup)

Nov 4, 2019

Should you invest in high-quality, safe stocks or make some contrarian bets in the smallcap space?

More

Get the Indian Stock Market's
Most Profitable Ideas

How To Beat Sensex Guide 2020
Get our special report, How to Beat Sensex Nearly 3X Now!
We will never sell or rent your email id.
Please read our Terms

RELIANCE INFRA SHARE PRICE


Nov 13, 2019 03:37 PM

TRACK RELIANCE INFRA

  • Track your investment in RELIANCE INFRA with Equitymaster's Portfolio Tracker. Set live price alerts, get research alerts and more. Get access now...
  • Add To MyStocks

MORE ON RELIANCE INFRA

RELIANCE INFRA - CHINA POWER COMPARISON

COMPARE RELIANCE INFRA WITH

MARKET STATS