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

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 (4QFY19); Net Profit Down 428.1%
Mon, 17 Jun

RELIANCE INFRA has announced its results for the quarter ended March 2019. Here is a detailed performance review of the same:

RELIANCE INFRA Quarterly Financials

No. of Mths
Qtr. Ending
3
Mar-18*
3
Dec-18*
3
Mar-19*
QoQ ChangeYoY Change
Net SalesRs m51,66641,15740,127-2.5%-22.3%
Other incomeRs m6,4714,4482,214-50.2%-65.8%
TurnoverRs m58,13745,60542,340-7.2%-27.2%
ExpensesRs m43,37534,24631,242-8.8%-28.0%
Gross profitRs m22,1196,911-9,766-241.3%-144.2%
DepreciationRs m4,8113,2073,59912.2%-25.2%
InterestRs m16,92010,65410,093-5.3%-40.3%
Profit before taxRs m6,859-2,502-21,243-409.7%
TaxRs m202-190602198.8%
Profit after taxRs m6,657-2,313-21,845-428.1%
Gross profit margin%42.816.8-24.3
Effective tax rate%2.97.6-2.8
Net profit margin%11.5-5.1-51.6
* 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 22.3% on a year-on-year (YoY) basis. The expenses were down by 28.0% YoY during the same period.
  • The company's operating profit declined by 144.2% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 24.3% in 4QFY19 as against 42.8% in 4QFY18.
  • Depreciation charges declined by 25.2% and finance costs declined by 40.3% YoY, respectively.
  • Other income declined by 65.8% YoY during the quarter.
  • Net profit for the quarter declined by 428.1% YoY. Net profit margins during the quarter declined from 11.5% in 4QFY18 to -51.6% in 4QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter fell 2.5% on a quarter-on-quarter (QoQ) basis. The expenses were down by 8.8% QoQ during the same period.
  • The company's operating profit declined by 241.3% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 24.3% in 4QFY19 as against 16.8% in 3QFY18.
  • Net profit for the quarter declined by 844.7% QoQ, while net profit margins declined from -5.1% in 3QFY18 to -51.6% in 4QFY19.

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 431.0 to Rs 53.3, registering a Loss of Rs 377.8 or around 87.6%.

Meanwhile, the S&P BSE POWER Index is trading at Rs 1,988.3 (down 0.1%). Over the last one year it has moved down from 2,016.7 to 1,988.3, a gain of 28 points (down 1.4%).

Overall, the S&P BSE SENSEX is up 10.3% over the year.

Current Valuations

At the current price of Rs 53.3, 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 (4QFY19); Net Profit Down 428.1%". Click here!

  

Related Views on News

RELIANCE INFRA Announces Quarterly Results (3QFY20); Net Profit Down 48.0% (Quarterly Result Update)

Feb 19, 2020 | Updated on Feb 19, 2020

For the quarter ended December 2019, RELIANCE INFRA has posted a net profit of Rs 3 bn (down 48.0% YoY). Sales on the other hand came in at Rs 40 bn (down 3.9% 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

Why We Picked This Small-cap Stock for Our Hidden Treasure Subscribers(Profit Hunter)

Sep 17, 2020

This leading household brand will profit big time in a post covid world.

My Top Stock to Buy in this Market Selloff(Profit Hunter)

Sep 22, 2020

The recent correction offers a great opportunity to buy this high conviction smallcap stock.

Can the Nifty Fall to 10,200?(Fast Profits Daily)

Sep 24, 2020

The Nifty has reached an important support level today. If it breaks then we could see further downside.

What Do the Charts Say About Buying Smallcaps Now?(Fast Profits Daily)

Sep 18, 2020

Everyone seems to be excited about buying smallcaps now...but is it the right thing to do? What do the charts tell us? Find out in this video...

More

Covid-19 Proof
Multibagger Stocks

Covid19 Proof Multibaggers
Get this special report, authored by Equitymaster's top analysts now!
We will never sell or rent your email id.
Please read our Terms

RELIANCE INFRA SHARE PRICE


Sep 28, 2020 09:07 AM

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 - ELECTRICITE DE COMPARISON

COMPARE RELIANCE INFRA WITH

MARKET STATS