Reliance Infra hits the floor after Q4 profit slumps 79% YoY to Rs 918 crore
The company?s total expenses rose 12.25% to Rs 5,419.87 crore in Q4 FY26 from Rs 4,827.97 crore in the year-ago period. The cost of power purchased increased 19.93% YoY to Rs 3,285.68 crore, while employee benefit expenses climbed 15.17% to Rs 320.95 crore during the quarter.
Profit before exceptional items and tax stood at Rs 1,651.45 crore in Q4 FY26, down 78.59% from Rs 7,714.95 crore reported in Q4 FY25. Exceptional loss came in at Rs 496.10 crore during the quarter, compared with exceptional items of Rs 514.35 crore in the corresponding period last year.
For the full financial year FY26, Reliance Infrastructure posted a 41.26% decline in consolidated net profit to Rs 2,900.23 crore. Revenue from operations fell 13.35% year-on-year to Rs 20,440.53 crore.
Meanwhile, the company announced key leadership changes. The board approved the appointment of Vijesh Bahu Thota as chief executive officer with immediate effect, following his cessation as chief financial officer. The board also appointed Asheesh Chaturvedi as the new chief financial officer.
Additionally, the board approved seeking shareholders? authorisation to raise up to Rs 3,000 crore through the issuance of equity shares, equity-linked instruments, or other eligible securities via qualified institutional placement (QIP), follow-on public offer (FPO), or a combination of both.
Reliance Infrastructure is one of the largest infrastructure companies, developing projects through various special purpose vehicles (SPVs) across several high-growth sectors such as power, roads, and metro rail in the infrastructure space, as well as in the defence sector. It is also a major player in providing engineering and construction (E&C) services for power, infrastructure, metro, and road projects.
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