No Result
View All Result
  • Login
Sunday, May 24, 2026
FeeOnlyNews.com
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading
No Result
View All Result
FeeOnlyNews.com
No Result
View All Result
Home Business

RInfra Q4 net profit falls to Rs 918 cr; company appoints Vijesh Babu Thota as CEO

by FeeOnlyNews.com
14 hours ago
in Business
Reading Time: 1 min read
A A
0
RInfra Q4 net profit falls to Rs 918 cr; company appoints Vijesh Babu Thota as CEO
Share on FacebookShare on TwitterShare on LInkedIn


Reliance Infrastructure (RInfra) has posted a sharp decline in consolidated net profit at Rs 918.07 crore during the March quarter of FY26, citing higher expenses.

The company had reported a net profit of Rs 4,387.08 crore in the same quarter a year ago, Reliance Infrastructure said in an exchange filing on Friday.

During the latest January-March period, the company’s total income fell to Rs 4,154.34 crore from Rs 4,268.05 crore recorded in the fourth quarter of the preceding 2024-25 financial year.

Expenses, which include multiple components, increased to Rs 5,419.87 crore in the reporting period from Rs 4,827.97 crore in the corresponding quarter of FY25.

The cost of power purchased during the said quarter increased to Rs 3,285.68 crore from Rs 2,739.62 crore in the January-March period of 2024-25.

Live Events

For the entire FY26, the net profit dipped to Rs 2,900.23 crore from Rs 4,937.52 crore recorded in FY25.The annual income came down to Rs 20,862.03 crore in FY26 from Rs 23,999.29 crore in the preceding fiscal.Meanwhile, the company has announced the appointment of Vijesh Babu Thota as the Chief Executive Officer (CEO) effective May 23. Thota was the company’s Chief Financial Officer (CFO).

The company has approved the appointment of Asheesh Chaturvedi as the new CFO.

Reliance Infrastructure is one of the largest infrastructure companies, developing projects in sectors such as power, roads, metro rail and defence.



Source link

Tags: appointsBabuCEOCompanyfallsnetprofitRInfraThotaVijesh
ShareTweetShare
Previous Post

XRP Confirms Negative Breakout With Price Headed For $1.14

Next Post

LIC emerges as highest profit-making financial company in Jan-Mar quarter

Related Posts

The Best Stocks to Buy Right Now: Chipotle vs. Sweetgreen vs. Cava Group

The Best Stocks to Buy Right Now: Chipotle vs. Sweetgreen vs. Cava Group

by FeeOnlyNews.com
May 24, 2026
0

Restaurant and food stocks have struggled in the last few years. Some investors chalk it up to the rise of...

The more generous U.S. ceasefire terms are, the more suspicious Iran becomes about another attack

The more generous U.S. ceasefire terms are, the more suspicious Iran becomes about another attack

by FeeOnlyNews.com
May 24, 2026
0

Iran’s regime may be wondering if an emerging deal to extend its ceasefire with the U.S. is too good to...

Business credit database approved – Globes

Business credit database approved – Globes

by FeeOnlyNews.com
May 24, 2026
0

Knesset Economic Affairs Committee chairperson MK David Bitan was left a lone figure at the head of the committee...

Wolfe Research Turns More Defensive on Risk Assets as Yield Pressures Build

Wolfe Research Turns More Defensive on Risk Assets as Yield Pressures Build

by FeeOnlyNews.com
May 24, 2026
0

Rising Tension Between Bonds and Equities Wolfe Research economist Stephanie Roth has adopted a more cautious stance toward risk assets,...

Liberty Lifestyle: Memorial Day Still Unites Americans More Than Most Holidays

Liberty Lifestyle: Memorial Day Still Unites Americans More Than Most Holidays

by FeeOnlyNews.com
May 24, 2026
0

There are plenty of holidays throughout the year in America. For some, they’re times to connect with family and friends,...

SpaceX’s next-gen Starship rocket enables high valuation, early investor says

SpaceX’s next-gen Starship rocket enables high valuation, early investor says

by FeeOnlyNews.com
May 24, 2026
0

Elon Musk’s SpaceX is preparing for the biggest IPO in history, and its next-generation Starship vehicle may be the key...

Next Post
LIC emerges as highest profit-making financial company in Jan-Mar quarter

LIC emerges as highest profit-making financial company in Jan-Mar quarter

AI hallucinations in research, legal filings, and books are growing and getting harder to fix

AI hallucinations in research, legal filings, and books are growing and getting harder to fix

  • Trending
  • Comments
  • Latest
10 States Offering Free or Low‑Cost College Courses for Residents Over 60

10 States Offering Free or Low‑Cost College Courses for Residents Over 60

May 13, 2026
The New Medicare Coding Change Confusing Pharmacies Across Multiple States

The New Medicare Coding Change Confusing Pharmacies Across Multiple States

May 11, 2026
Week 14: A Peek Into This Past Week + What I’m Reading, Listening to, and Watching!

Week 14: A Peek Into This Past Week + What I’m Reading, Listening to, and Watching!

April 6, 2026
Memorial Day 2026: Take Advantage of Food Freebies, Deals

Memorial Day 2026: Take Advantage of Food Freebies, Deals

May 23, 2026
Latam Insights: Coinbase Co-Founder Eyes Venezuela as Grupo Salinas Embraces Stablecoins

Latam Insights: Coinbase Co-Founder Eyes Venezuela as Grupo Salinas Embraces Stablecoins

May 17, 2026
The 18 Largest US Funding Rounds of April 2026 – AlleyWatch

The 18 Largest US Funding Rounds of April 2026 – AlleyWatch

May 15, 2026
After 75 Years, Human Action Is Still the Standard for Understanding Economics

After 75 Years, Human Action Is Still the Standard for Understanding Economics

0
The Best Stocks to Buy Right Now: Chipotle vs. Sweetgreen vs. Cava Group

The Best Stocks to Buy Right Now: Chipotle vs. Sweetgreen vs. Cava Group

0
Mortgage Rates Today, Thursday, May 21: A Little Relief

Mortgage Rates Today, Thursday, May 21: A Little Relief

0
AI doesn’t understand the world yet, and the billion-dollar race to fix that shows the industry is starting to move beyond the architecture it spent three years selling as the path to general intelligence

AI doesn’t understand the world yet, and the billion-dollar race to fix that shows the industry is starting to move beyond the architecture it spent three years selling as the path to general intelligence

0
Stripe Sessions 2026: Stripe Is Rearchitecting Payments For An Agentic AI Economy

Stripe Sessions 2026: Stripe Is Rearchitecting Payments For An Agentic AI Economy

0
Retail investors get direct access to SpaceX IPO through major brokerage platforms

Retail investors get direct access to SpaceX IPO through major brokerage platforms

0
The Best Stocks to Buy Right Now: Chipotle vs. Sweetgreen vs. Cava Group

The Best Stocks to Buy Right Now: Chipotle vs. Sweetgreen vs. Cava Group

May 24, 2026
5 Relationship Beliefs Quietly Shaping Mental Health in Retirement (The ‘Soulmate vs. Growth’ Debate)

5 Relationship Beliefs Quietly Shaping Mental Health in Retirement (The ‘Soulmate vs. Growth’ Debate)

May 24, 2026
The more generous U.S. ceasefire terms are, the more suspicious Iran becomes about another attack

The more generous U.S. ceasefire terms are, the more suspicious Iran becomes about another attack

May 24, 2026
FTX Lawyers Pay M In Settlement Over Services Rendered To Exchange – Details

FTX Lawyers Pay $54M In Settlement Over Services Rendered To Exchange – Details

May 24, 2026
Business credit database approved – Globes

Business credit database approved – Globes

May 24, 2026
Wolfe Research Turns More Defensive on Risk Assets as Yield Pressures Build

Wolfe Research Turns More Defensive on Risk Assets as Yield Pressures Build

May 24, 2026
FeeOnlyNews.com

Get the latest news and follow the coverage of Business & Financial News, Stock Market Updates, Analysis, and more from the trusted sources.

CATEGORIES

  • Business
  • Cryptocurrency
  • Economy
  • Financial Planning
  • Investing
  • Market Analysis
  • Markets
  • Money
  • Personal Finance
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • The Best Stocks to Buy Right Now: Chipotle vs. Sweetgreen vs. Cava Group
  • 5 Relationship Beliefs Quietly Shaping Mental Health in Retirement (The ‘Soulmate vs. Growth’ Debate)
  • The more generous U.S. ceasefire terms are, the more suspicious Iran becomes about another attack
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclaimers
  • About Us
  • Contact Us

Copyright © 2022-2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Sign In with Facebook
Sign In with Google
Sign In with Linked In
OR

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading

Copyright © 2022-2024 All Rights Reserved
See articles for original source and related links to external sites.