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⚡ 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

NameDesignation
Vijesh Babu ThotaED & CFO (freshly promoted)
Paresh RathodCompany Secretary
Chaturvedi & Shah LLPAuditors (gave disclaimer)

📣 Auditors said: “We didn’t get enough evidence to form an opinion.” So they didn’t. 👀


📊 FY25 Consolidated Financials

MetricFY25FY24Change
Revenue₹30,018 Cr₹22,782 Cr🔼 +31.7%
EBITDA (Est.)₹10,837 Cr₹3,322 Cr🚀 +226%
Net Profit (Consolidated)₹4,937 Cr₹(1,609) Cr🧨 Huge swing
EPS (Basic)₹124.64₹(42.66)🤯 Turnaround
Other Equity₹14,034 Cr
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