Reliance Infrastructure Reports Mixed Financial Results Amid Liquidity Improvement in December 2024

Reliance Infrastructure has recently reported its financial results for the quarter ending December 2024, revealing a complex picture of its performance. The evaluation changes indicate a notable shift in the company's score, which has seen a revision from 17 to -2 over the past three months.
On a positive note, the company has achieved its highest cash and cash equivalents in the last six half-yearly periods, totaling Rs 3,056.65 crore, suggesting an improvement in short-term liquidity. Additionally, the debt-equity ratio has reached its lowest point in five half-yearly periods at 0.54 times, reflecting a strategic reduction in borrowing relative to equity capital.

Conversely, the financial results also highlight challenges for Reliance Infrastructure. The profit after tax (PAT) has reported a significant decline, standing at Rs -227.48 crore, which is a stark contrast to the average PAT of the previous four quarters. Furthermore, net sales have also decreased, recorded at Rs 5,032.55 crore, marking a downturn compared to prior averages. The earnings per share (EPS) have reached their lowest level in five quarters, indicating a decline in profitability.

Overall, Reliance Infrastructure's recent financial results underscore a mix of positive liquidity management and significant challenges in profitability and sales performance.

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