Reliance Infrastructure Limited announced its audited financial results for the quarter and year ended March 31, 2026. The Board also approved significant leadership appointments, including a new Chief Executive Officer and Chief Financial Officer, and proposed a fundraising initiative of up to ₹3,000 crore through equity issuance. Despite ongoing legal and regulatory proceedings, the company continues to focus on strengthening its financial position and executing its growth strategy.
Financial Highlights for FY 2025-26
For the financial year ended March 31, 2026, Reliance Infrastructure reported consolidated total income of ₹20,862.03 crore. The company’s net profit for the year stood at ₹2,900.23 crore. The fourth quarter (Jan-Mar 2026) saw a consolidated total income of ₹4,154.34 crore with a net profit of ₹918.07 crore. The board has also sought enabling authorization from members to raise funds up to ₹3,000 crore through the issuance of equity shares or other eligible securities to qualified institutional buyers.
Leadership Transition
In a major leadership overhaul, the Board has appointed Shri Vijesh Babu Thota as the new Chief Executive Officer of the company, effective immediately. Consequently, he has stepped down from his previous role as the Chief Financial Officer. Shri Asheesh Chaturvedi has been appointed as the new Chief Financial Officer, also with immediate effect. These changes are part of the company’s efforts to streamline its leadership for the upcoming fiscal years.
Strategic Audits and Appointments
The company has finalized new appointments for its auditing requirements. M/s Paresh Rakesh & Associates LLP have been appointed as the Statutory Auditors to fill a casual vacancy, subject to member approval, for a term extending through the financial year 2030-31. Furthermore, M/s. Vijay S. Tiwari & Associates have been appointed as the Secretarial Auditors for a period of five years, covering FY 2026-27 to FY 2030-31.
Business Outlook and Going Concern
While the company faces various legal and regulatory challenges, including proceedings by the Enforcement Directorate and inquiries related to Mumbai Metro One Private Limited (MMOPL), the management remains confident in its ability to continue operations. The financial results have been prepared on a ‘Going Concern’ basis, supported by ongoing debt restructuring efforts, anticipated proceeds from arbitration awards, and a positive outlook for the power and infrastructure sectors.
Source: BSE
