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Reliance Industrial Infrastructure’s Quarterly Result and Earnings Report for Q4(Mar 2024) : Key Metrics and Growth Analysis

April 25, 2024April 25, 2024| adminadmin| 0 Comments| 6:50 am
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Highlights

  • Sales over the Year and quarter: The company’s sales declined by -17.68% over the yearDecrease in net sales/revenue by -2.90%
  • Income over the Year and quarter: There has been either a marginal increase or a decline in other income over the past year which is 73.7%Marginal increase in other income during this quarter, up by 7.86%.
  • Profit over the Year and quarter: Challenges in sustaining profitability for Reliance Industrial Infrastructure. Profit dropped by -68.02% Year to YearReliance Industrial Infrastructure’s profitability increased by 1.65% in this quarter.
  • EPS over the Year and quarter: EPS declined by -67.93% Year to Year.EPS increased by 1.66%. Positive impact on shareholders.
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The comprehensive analytics outlining the performance and outlook of Reliance Industrial Infrastructure”s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 17.631 Cr Rs. 14.946 Cr Rs. 14.513 Cr -2.9% -17.68%
Expenses Rs. 16.86 Cr Rs. 15.78 Cr Rs. 16.22 Cr + 2.79% -3.8%
Operating Profit Rs. 0.77 Cr Rs. -0.83 Cr Rs. -1.71 Cr -106.02% -322.08%
OPM % 4.37 % -5.55 % -11.78 % -6.23% -16.15%
Other Income Rs. 4.03 Cr Rs. 6.49 Cr Rs. 7 Cr + 7.86% + 73.7%
Interest Rs. 0 Cr Rs. 0 Cr Rs. 0 Cr + 0% 0%
Depreciation Rs. 1.06 Cr Rs. 0.58 Cr Rs. 0.56 Cr -3.45% -47.17%
Profit before tax Rs. 3.74 Cr Rs. 5.08 Cr Rs. 4.73 Cr -6.89% + 26.47%
Tax % 1.12 % 34.76 % 26.77 % -7.99% + 25.65%
Net Profit Rs. 11.54 Cr Rs. 3.63 Cr Rs. 3.69 Cr + 1.65% -68.02%
EPS in Rs Rs. 7.64 Rs. 2.41 Rs. 2.45 + 1.66% -67.93%


Today, we’re looking at Reliance Industrial Infrastructure’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -17.68%. However, it did see a marginal slip of -2.9% from the previous quarter.Expenses ticked up slightly by 2.79% quarter-on-quarter, aligning with the annual decline of -3.8%. Operating profit, while down -322.08% compared to last year,faced a quarter-on-quarter dip of -106.02%, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -16.15%, but a shrinkage of -6.23% sequentially. Other income rose by 7.86% compared to the last quarter,despite an annual growth of 73.7%. Interest expenses surged remarkably by 52.94% from the previous quarter, yet the year-over-year decrease remains at a moderate -99.82%. Depreciation costs fell by -3.45% quarter-on-quarter, yet on an annual scale, they experienced a reduction of -47.17%. Profit before tax grew annually by 26.47% but saw a reduction from the preceding quarter by -6.89%.
Tax expenses as a percentage of profits increased slightly by 25.65% compared to last year, with a more notable quarter-on-quarter decrease of -7.99%. Net profit fell by -68.02% year-on-yearbut experienced a 1.65% expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -67.93% but a quarterly rise of 1.66%. In summary, Reliance Industrial Infrastructure’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 17.631 Cr Rs. 14.946 Cr Rs. 14.513 Cr -2.9% -17.68%
Expenses Rs. 16.86 Cr Rs. 15.78 Cr Rs. 16.22 Cr + 2.79% -3.8%
Operating Profit Rs. 0.77 Cr Rs. -0.83 Cr Rs. -1.71 Cr -106.02% -322.08%
Net Profit Rs. 11.54 Cr Rs. 3.63 Cr Rs. 3.69 Cr + 1.65% -68.02%
EPS in Rs Rs. 7.64 Rs. 2.41 Rs. 2.45 + 1.66% -67.93%


In reviewing Reliance Industrial Infrastructure’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -17.68% year-on-year, although there was a slight dip of -2.9% from the previous quarter.Expenses decreased by -3.8% compared to the previous year, with a 2.79% increase quarter-on-quarter. Operating Profit dropped by -322.08% annually, and saw a -106.02% decrease from the last quarter.
Net Profit showed yearly decrease of -68.02%, and experienced a 1.65% increase from the previous quarter. Earnings Per Share (EPS) fell by -67.93% annually, however rose by 1.66% compared to the last quarter. In essence, while Reliance Industrial Infrastructure faces strong annual decline indicators, short-term improvements suggest the potential for recovery and the importance of strategic adjustments to counter market challenges effectively. That’s all for now in the financial sector.

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