Reliance Infrastructure Ltd

The company stated that this rating upgrade represents a significant improvement of three notches in the company's credit profile, achieved after six years at the IND D rating level. The upgrade also reflects the company's substantial deleveraging efforts, resulting in net zero debt with banks and financial institutions. India Ratings and Research stated that the upgrade reflects Reliance Infra's timely servicing of standalone debt obligations for three consecutive months ended 30 June 2025. Regarding the guaranteed debt, the company has executed one-time settlement agreements with the lenders of its subsidiaries. These repayments were facilitated by a significant long-term capital infusion through the issuance of warrants amounting to Rs 3,010 crore, of which Rs 750 crore was received in FY25 and Rs 225 crore in 1QFY26, which have eased liquidity pressures, boosting Reliance Infra's credit profile. However, the ratings continue to be constrained by the company's weak financial risk profile and its exposure to risks arising from the ongoing arbitration proceedings, and large payables and contingent liabilities involving both standalone and financially stressed subsidiaries, which remain key monitorable. Nevertheless, the ratings are supported by the substantial deleveraging of the standalone balance sheet, improved revenue visibility from the engineering and construction (E&C) segment, and the company's long-standing presence and experience in the infrastructure sector. The company's E&C business is likely to turnaround in FY26, driven by management's expected order flows in new age business. Moreover, the company issued Rs 3,010 crore of warrants in October 2024 and has board-approved plans to raise Rs 3,000 crore through long-tenored foreign currency convertible bonds (FCCBs) and another Rs 3,000 crorethrough qualified institutional placement (QIP) of equity. The agency further said that s sustained improvement in the liquidity, along with the material resolution of ongoing arbitrations and a visible recovery in revenue and profitability, with a significant improvement in credit metrics on sustained basis, will be positive from the ratings. However, any reduction or material delay in the planned fund infusion, or crystallisation of significant claims or arbitration outcomes that adversely impact the liquidity, will be negative from the ratings. Reliance Infra, a part of the Reliance Group, stands as one of India's foremost infrastructure conglomerates. The company operates through a diversified network of special purpose vehicles (SPVs) across critical growth sectors such as power, roads, metro rail, airports, and defence. It also provides E&C services and delivers turnkey solutions across power, transportation, and infrastructure projects. Powered by Capital Market - Live

Reliance Infrastructure will hold a meeting of the Board of Directors of the Company on 16 July 2025.Powered by Capital Market - Live

Rheinmetall Waffe Munition GmbH is a leading German defence and ammunition manufacturer. This deal marks one of the largest high-tech ammunition export orders to date from India and underscores the strength of the recently formed strategic partnership between Reliance Defence and Rheinmetall. The order is a key milestone in Reliance Defence's ambition to become a significant player in the global defence and munitions supply chain, with a particular focus on expanding its footprint in Europe. The collaboration highlights both companies' long-term commitment to advancing indigenous defence manufacturing under the 'Atmanirbhar Bharat' and 'Make in India' initiatives. Reliance Defence has set a target to be among the top three defence exporters in the country. According to the company, the order reflects the growing capabilities of India's private sector in delivering high-quality defence products that meet rigorous international standards. It also reinforces Reliance Defence's strategic direction to expand its global presence, identifying Europe as a critical market for future growth. To support its expanding operations, Reliance Defence will establish an integrated manufacturing facility for explosives, ammunition, and small arms under the Dhirubhai Ambani Defence City (DADC) initiative. Located in the Watad industrial area of Ratnagiri, Maharashtra, the DADC is poised to become the largest greenfield defence sector project ever undertaken by a private company in India. It will serve as a hub for innovation, advanced production, and export-driven growth in the defence industry. Armin Papperger, CEO of Rheinmetall AG while announcing the strategic partnership said, 'this Strategic Partnership of Rheinmetall with Reliance Defence led by Anil Ambani's Reliance Group illustrates our strong commitment to partner with India under the strong leadership of Prime Minister Modi'. Anil D. Ambani, founder chairman, Reliance Group said 'The strategic partnership with Rheinmetall brings cutting-edge capabilities to India and represents a defining milestone for the country's private defence manufacturing sector. Guided by the vision of Aatmanirbhar Bharat, as championed by Prime Minister Shri Narendra Modi, our ambition is clear ' to position Reliance Defence among the world's Top 3 defence exporters. Through this, we aim to enable India not only to meet its domestic defence needs with confidence, but also to establish itself as a trusted force in the global defence supply chain.' Reliance Infrastructure is active in the energy sector, focusing on power distribution in Delhi and power generation. The company also has interests in defence manufacturing and plays a key role in infrastructure development through special purpose vehicles (SPVs), including projects like the Mumbai Metro. On a consolidated basis, Reliance Infrastructure reported a net profit of Rs 4,387.08 crore in Q4 March 2025 as against net loss of Rs 220.58 crore in Q4 March 2024. Net sales declined 12.33% YoY to Rs 4,108.01 crore in Q4 March 2025. Powered by Capital Market - Live

Reliance Infrastructure promoted, Reliance Defence, today announced securing of a significant export order worth Rs 600 crore from Rheinmetall Waffe Munition GmbH, a leading German defence and ammunitions manufacturer. Reliance Defence's export order is one of the largest in the high-tech ammunition domain to date. This underscores the strength of its recently announced strategic partnership with Rheinmetall. The order represents a key milestone in Reliance Defence's strategy to strengthen its position as a reliable partner in the global defence and munition supply chain, with a particular focus on Europe. The collaboration highlights the mutual commitment of both parties to long-term cooperation, and to advancing the 'Atmanirbhar Bharat' and 'Make in India' initiatives by strengthening indigenous defence manufacturing capabilities. Reliance Defence aims to be amongst top three Defence exporters in the country.Powered by Capital Market - Live

Reliance Infrastructure announced that its wholly owned subsidiary, JR Toll Road (JRTR) has entered into an addendum to the Settlement Agreement today with Yes Bank (YBL) for the entire outstanding debt obligation of Rs 273 crore (including interest) owed by JRTR to YBL, and has duly paid the entire settlement amount. The above agreement has also resulted in full settlement/discharge of the Company's obligation as a guarantor for the said loan on behalf of JRTR. YBL does not hold any shares in the Company and is neither a related party nor part of the promoter group.Powered by Capital Market - Live

Announced at the Paris Air Show, the partnership will see the two companies jointly manufacture Falcon 2000 business jets in India. The Falcon 2000 jets will now roll out of a final assembly line in Nagpur, Maharashtra, catering to both domestic and global markets. The collaboration positions India alongside elite aircraft-producing nations like the US, France, Canada, and Brazil. The deal goes far beyond just Falcon 2000 production. Dassault Aviation and Reliance Aerostructure (DRAL) joint venture will become a Center of Excellence (CoE) for Dassault's Falcon series, including future assembly programs for the Falcon 6X and 8X. Dassault Aviation will also transfer the assembly of the front section of Falcon 8X and Falcon 6X, in addition to the wings and complete fuselage assembly of Falcon 2000 to DRAL. The transfer of assembly operations combined with major facility upgrades, will pave the way for the first flight of Falcon 2000 'Made in India' from Indian soil by 2028. Reliance Infrastructure is active in the energy sector, focusing on power distribution in Delhi and power generation. The company also has interests in defence manufacturing and plays a key role in infrastructure development through special purpose vehicles (SPVs), including projects like the Mumbai Metro. On a consolidated basis, Reliance Infrastructure reported net profit of Rs 4387.08 crore in Q4 March 2025 as against net loss of Rs 220.58 crore in Q4 March 2024. Net sales declined 12.33% YoY to Rs 4108.01 crore in Q4 March 2025. Powered by Capital Market - Live

Sandur Manganese & Iron Ores Ltd, Kaveri Seed Company Ltd, Azad Engineering Ltd and V I P Industries Ltd are among the other losers in the BSE's 'A' group today, 05 June 2025.Reliance Infrastructure Ltd lost 4.34% to Rs 364 at 14:47 IST.The stock was the biggest loser in the BSE's 'A' group.On the BSE, 3.86 lakh shares were traded on the counter so far as against the average daily volumes of 7.19 lakh shares in the past one month.Sandur Manganese & Iron Ores Ltd tumbled 3.79% to Rs 464.95. The stock was the second biggest loser in 'A' group.On the BSE, 21837 shares were traded on the counter so far as against the average daily volumes of 58481 shares in the past one month.Kaveri Seed Company Ltd crashed 3.50% to Rs 1424.85. The stock was the third biggest loser in 'A' group.On the BSE, 11152 shares were traded on the counter so far as against the average daily volumes of 15957 shares in the past one month.Azad Engineering Ltd dropped 3.07% to Rs 1760. The stock was the fourth biggest loser in 'A' group.On the BSE, 12078 shares were traded on the counter so far as against the average daily volumes of 30148 shares in the past one month.V I P Industries Ltd shed 2.82% to Rs 347.7. The stock was the fifth biggest loser in 'A' group.On the BSE, 12032 shares were traded on the counter so far as against the average daily volumes of 55077 shares in the past one month.Powered by Capital Market - Live

Reliance Infrastructure promoted Reliance Defence and D'sseldorf based Rheinmetall AG have agreed on a strategic partnership in the field of ammunition. An Agreement to this effect has now been signed by the representatives of both companies. This marks the third major partnership for Reliance Defence, following its successful strategic alliances with Dassault Aviation and the Thales Group of France. The collaboration between the companies will include supply of explosives and propellants for medium & large caliber ammunition to Rheinmetall by Reliance. Furthermore the two companies intend to engage in joint marketing activities for selected products and are aiming to further extend their cooperation based on future opportunities. In order to support this collaboration, Reliance Defence will set up a Greenfield manufacturing facility in the Watad Industrial Area, of Ratnagiri, Maharashtra. The manufacturing facility, one of the largest in South Asia, will have an annual capacity to produce up to 200,000 artillery shells, 10,000 tons of explosives and 2,000 tons of propellants. This new facility will help Reliance Defence achieve its objective of amongst top three Defence exporters in the country. The cooperation gives Rheinmetall further access to important raw materials and secures not only its supply chains, also in the interests of its customers, but also creates further growth opportunities. In India, the new state-of-the-art facility will make a significant contribution to supplying the country's armed forces. The defence manufacturing complex will contribute in supporting India's ambitious defence export target of Rs 50,000 crore by 2029. Powered by Capital Market - Live

Net profit of Reliance Infrastructure reported to Rs 4387.08 crore in the quarter ended March 2025 as against net loss of Rs 220.58 crore during the previous quarter ended March 2024. Sales declined 12.33% to Rs 4108.01 crore in the quarter ended March 2025 as against Rs 4685.96 crore during the previous quarter ended March 2024. For the full year,net profit reported to Rs 4937.52 crore in the year ended March 2025 as against net loss of Rs 1608.66 crore during the previous year ended March 2024. Sales rose 6.91% to Rs 23591.88 crore in the year ended March 2025 as against Rs 22066.86 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Sales4108.014685.96 -12 23591.8822066.86 7 OPM %0.356.77 -15.929.29 - PBDT8074.70161.68 4894 8805.39908.48 869 PBT7714.95-204.78 LP 7384.16-594.27 LP NP4387.08-220.58 LP 4937.52-1608.66 LP Powered by Capital Market - Live

Reliance Infrastructure will hold a meeting of the Board of Directors of the Company on 16 May 2025.Powered by Capital Market - Live