X

Sign up for Equitymaster's free daily newsletter, The 5 Minute WrapUp and get access to our latest Multibagger guide (2019 Edition) on picking money-making stocks.

This is an entirely free service. No payments are to be made.


Download Now Subscribe to our free daily e-letter, The 5 Minute WrapUp and get this complimentary report.
We hate spam as much as you do. Check out our Privacy Policy and Terms Of Use.
RELIANCE INFRA Announces Quarterly Results (3QFY19); Net Profit Down 534.8%

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 (3QFY19); Net Profit Down 534.8%
Wed, 13 Feb

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

RELIANCE INFRA Quarterly Financials

No. of Mths
Qtr. Ending
3
Dec-17*
3
Sep-18*
3
Dec-18*
QoQ ChangeYoY Change
Net SalesRs m58,61057,50841,157-28.4%-29.8%
Other incomeRs m4,84914,5654,448-69.5%-8.3%
TurnoverRs m63,46072,07345,605-36.7%-28.1%
ExpensesRs m44,95842,43034,246-19.3%-23.8%
Gross profitRs m16,525-32,1586,911-58.2%
DepreciationRs m4,8483,1803,2070.9%-33.8%
InterestRs m15,03912,35610,654-13.8%-29.2%
Profit before taxRs m1,487-33,129-2,502-268.3%
TaxRs m955470-190-140.3%-119.9%
Profit after taxRs m532-33,599-2,313-534.8%
Gross profit margin%28.2-55.916.8
Effective tax rate%64.2-1.47.6
Net profit margin%0.8-46.6-5.1
* 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 fell 29.8% on a year-on-year (YoY) basis. The expenses were down by 23.8% YoY during the same period.
  • The company's operating profit declined by 58.2% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 16.8% in 3QFY19 as against 28.2% in 3QFY18.
  • Depreciation charges declined by 33.8% and finance costs declined by 29.2% YoY, respectively.
  • Other income declined by 8.3% YoY during the quarter.
  • Net profit for the quarter declined by 534.8% YoY. Net profit margins during the quarter declined from 0.8% in 3QFY18 to -5.1% in 3QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter fell 28.4% on a quarter-on-quarter (QoQ) basis. The expenses were down by 19.3% QoQ during the same period.
  • The company's operating profit increased by 121.5% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 16.8% in 3QFY19 as against 55.9% in 2QFY18.
  • Net profit for the quarter increased by 93.1% QoQ, while net profit margins increased from -46.6% in 2QFY18 to -5.1% in 3QFY19.

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 460.1 to Rs 113.7, registering a Loss of Rs 346.4 or around 75.3%.

Meanwhile, the S&P BSE POWER Index is trading at Rs 1,769.4 (down 0.1%). Over the last one year it has moved down from 2,273.7 to 1,769.4, a gain of 504 points (down 22.2%).

Overall, the S&P BSE SENSEX is up 5.7% over the year.

Current Valuations

At the current price of Rs 113.7, the price to book value (P/BV) ratio of RELIANCE INFRA stands at 0.1 times.

Equitymaster requests your view! Post a comment on "RELIANCE INFRA Announces Quarterly Results (3QFY19); Net Profit Down 534.8%". Click here!

  

Related Views on News

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.

RELIANCE INFRA Announces Quarterly Results (2QFY19); Net Profit Down 804.4% (Quarterly Result Update)

Nov 16, 2018 | Updated on Nov 16, 2018

For the quarter ended September 2018, RELIANCE INFRA has posted a net profit of Rs 34 bn (down 804.4% YoY). Sales on the other hand came in at Rs 58 bn (down 20.0% YoY). Read on for a complete analysis of RELIANCE INFRA's quarterly results.

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

Aug 3, 2018 | Updated on Aug 3, 2018

For the quarter ended June 2018, RELIANCE INFRA has posted a net profit of Rs 3 bn (down 22.9% YoY). Sales on the other hand came in at Rs 76 bn (up 0.8% YoY). Read on for a complete analysis of RELIANCE INFRA's quarterly results.

More Views on News

Most Popular

My Top 7 Stocks to Profit from Sensex 100,000(The 5 Minute Wrapup)

May 16, 2019

Tanushree Banerjee explains everything you need to know about the Rebirth of India and Sensex 100,000.

3 Stocks to Bet on to Become a 'Dividend Millionaire'(Profit Hunter)

May 14, 2019

As markets continue to rattle amid earning season, upcoming elections, volatile crude price and US China trade war, it's a great idea to add some stability to your portfolio by adding dividend stocks.

Indian Steel: The Perfect Multibagger Opportunity(Profit Hunter)

May 17, 2019

A structurally strong Indian Steel Industry will help India achieve 8%+ GDP growth in the coming years.

My Top 7 Stocks to Buy as Modi Returns to Power(The 5 Minute Wrapup)

May 23, 2019

The Modi government is all set to come back to power. With a stable government at the centre, how should you play the stock market?

What Makes TVS Srichakra and CCL Products a Cut Above the Rest?(The 5 Minute Wrapup)

May 17, 2019

Despite the commodity nature of their businesses, these two stocks have rewarded shareholders well.

More

Get the Indian Stock Market's
Most Profitable Ideas

How To Beat Sensex Guide 2019
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


May 24, 2019 (Close)

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 5-YR ANALYSIS

COMPARE RELIANCE INFRA WITH

MARKET STATS