⚡ RELINFRA Q4 FY25 Results: ₹4,937 Cr Profit, ₹30,018 Cr Revenue – But is this a Real Turnaround or an Excel Illusion?
Reliance Infrastructure posted a ₹4,937 Cr profit in FY25 after a full-blown restructuring fest and ₹1,099 Cr in exceptional gains. Revenue was ₹30,018 Cr — mostly from the power segment. But wait — auditors dropped a massive disclaimer of opinion, and the company’s net worth would be ₹5,312 Cr lower if they had followed proper accounting norms.
🏗️ About the Company
Business: Power generation, metro rail, toll roads, EPC, defence, even airports (or what’s left of them)
Promoter: Anil Ambani-led ADA Group
Famous for: Being the Swiss army knife of infra + loss booking + debt juggling
Market Cap: ~₹12,000 Cr (as of CMP ₹307.50)
Once dubbed the infra king, now known as the balance sheet with more suspense than a Nolan film.
🧑💼 Key Management
Name
Designation
Vijesh Babu Thota
ED & CFO (freshly promoted)
Paresh Rathod
Company Secretary
Chaturvedi & Shah LLP
Auditors (gave disclaimer)
📣 Auditors said: “We didn’t get enough evidence to form an opinion.” So they didn’t. 👀