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15 Nov 2010 08:06
RELIANCE INFRASTRUCTURE LIMITED | ||||||||||||
Registered Office: Reliance Energy Centre, Santa Cruz (East), Mumbai 400 055 | ||||||||||||
website:www.rinfra.com | ||||||||||||
Unaudited Standalone Financial Results for the quarter and half year ended September 30, 2010 | ||||||||||||
(Rs. Crore) | ||||||||||||
Sr. No. | Particulars | Quarter ended | Half Year ended | Year ended | ||||||||
30-Sep-10 | 30-Sep-09 | 30-Sep-10 | 30-Sep-09 | 31-Mar-10 | ||||||||
(un- audited) | (un- audited) | (un- audited) | (un-audited) | (un-audited) | ||||||||
1 | (a) Net sales of Electrical Energy (Refer Note No 3) | 1,557.16 | 1,643.80 | 3,135.40 | 3,499.09 | 6,367.76 | ||||||
(b) Income from EPC and Contracts Business | 807.17 | 928.08 | 1,364.32 | 1,480.01 | 3,414.86 | |||||||
(c) Other Operating Income | 74.77 | 77.68 | 167.42 | 116.79 | 244.64 | |||||||
Total Operating Income | 2,439.10 | 2,649.56 | 4,667.14 | 5,095.89 | 10,027.26 | |||||||
2 | Expenditure | |||||||||||
(a) Cost of Electrical Energy purchased | 629.34 | 881.08 | 1,489.19 | 1,865.92 | 3,321.94 | |||||||
(b) Cost of Fuel | 319.91 | 305.59 | 643.03 | 629.01 | 1,219.83 | |||||||
(c) Tax on Sale of Electricity | 33.93 | 39.90 | 72.97 | 82.15 | 154.13 | |||||||
(d) Cost of Materials and Sub-contract | ||||||||||||
Charges (EPC and Contracts) | 685.73 | 811.60 | 1,117.22 | 1,252.34 | 2,882.55 | |||||||
(e) Employees Cost | 191.47 | 161.01 | 371.59 | 315.95 | 652.85 | |||||||
(f) Depreciation | 82.53 | 73.96 | 159.40 | 146.15 | 319.84 | |||||||
(g) Other Expenditure | 162.49 | 137.46 | 303.47 | 338.09 | 676.80 | |||||||
Total Expenditure | 2,105.40 | 2,410.60 | 4,156.87 | 4,629.61 | 9,227.94 | |||||||
3 | Profit from operations before Other Income (net) and Interest | 333.70 | 238.96 | 510.27 | 466.28 | 799.32 | ||||||
4 | Other Income (net) | (50.79) | 163.26 | 129.64 | 407.44 | 789.83 | ||||||
5 | Profit before Interest | 282.91 | 402.22 | 639.91 | 873.72 | 1,589.15 | ||||||
6 | Interest and Finance Charges | 60.04 | 73.96 | 121.35 | 177.62 | 292.21 | ||||||
7 | Profit from Ordinary Activities before tax | 222.87 | 328.26 | 518.56 | 696.10 | 1,296.94 | ||||||
8 | Tax Expenses (net) (including Deferred Tax & Tax for earlier years) | 52.38 | 21.36 | 101.83 | 72.62 | 145.25 | ||||||
9 | Net Profit for the period | 170.49 | 306.90 | 416.73 | 623.48 | 1,151.69 | ||||||
10 | Paid-up Equity Share Capital (Face Value of Rs 10 per Share) | 244.91 | 225.31 | 244.91 | 225.31 | 244.91 | ||||||
11 | Reserves including Statutory Reserves excluding Revaluation Reserves | |||||||||||
12 | Earnings Per Share (* not annualised) | |||||
(a) Basic (Rs.) | 6.96 * | 13.62 * | 17.02 * | 27.67 * | 51.11 | |
(b) Diluted (Rs.) | 6.87 * | 13.37 * | 16.79 * | 27.10 * | 50.32 | |
13 | Debt Service Coverage Ratio (*) | 6.15 | 0.63 | 1.06 | ||
14 | Interest Service Coverage Ratio (*) | 6.15 | 6.81 | 5.44 | ||
15 | Aggregate of Public Shareholding | |||||
- Number of Shares | 140,241,616 | 140,241,616 | 140,241,616 | 140,241,616 | 140,241,616 | |
- Percentage of Shareholding | 57.27 | 62.26 | 57.27 | 62.26 | 57.27 | |
16 | Promoter and promoter group shareholding | |||||
a) Pledged/Encumbered | ||||||
- Number of shares | - | 8,568,576 | - | 8,568,576 | - | |
- Percentage of shares (as a % of the total shareholding of promoter and promoter group) | - | 10.08 | - | 10.08 | - | |
- Percentage of shares (as a % of the total share capital of the Company) | - | 3.80 | - | 3.80 | - | |
b) Non-encumbered | ||||||
- Number of shares | 104,628,646 | 76,460,070 | 104,628,646 | 76,460,070 | 104,628,646 | |
- Percentage of shares (as a % of the total shareholding of promoter and promoter group) | 100.00 | 89.92 | 100.00 | 89.92 | 100.00 | |
- Percentage of shares (as a % of the total share capital of the Company) | 42.73 | 33.94 | 42.73 | 33.94 | 42.73 |
RELIANCE INFRASTRUCTURE LIMITED | ||||||
Registered Office: Reliance Energy Centre, Santa Cruz (East), Mumbai 400 055 | ||||||
website:www.rinfra.com | ||||||
Segment-wise Revenue, Results and Capital Employed | ||||||
(Rs. Crore) | ||||||
Sr. No. | Particulars | Quarter ended | Half Year ended | Year ended | ||
30-Sep-10 | 30-Sep-09 | 30-Sep-10 | 30-Sep-09 | 31-Mar-10 | ||
(unaudited) | (unaudited) | (unaudited) | (unaudited) | (unaudited) | ||
1 | Segment Revenue | |||||
- Electrical Energy | 1,606.71 | 1,675.36 | 3,233.32 | 3,555.85 | 6,505.41 | |
- EPC and Contracts Business | 832.39 | 974.20 | 1,433.82 | 1,540.04 | 3,521.85 | |
Total | 2,439.10 | 2,649.56 | 4,667.14 | 5,095.89 | 10,027.26 | |
Less : Inter Segment Revenue | - | - | - | - | - | |
Net Sales / Income from Operations | 2,439.10 | 2,649.56 | 4,667.14 | 5,095.89 | 10,027.26 | |
2 | Segment Results | |||||
- Electrical Energy | 275.99 | 148.26 | 376.95 | 325.14 | 548.53 | |
- EPC and Contracts Business | 64.82 | 91.81 | 148.69 | 145.91 | 283.77 | |
Total | 340.81 | 240.07 | 525.64 | 471.05 | 832.30 | |
- Interest and Finance Charges | (60.04) | (73.96) | (121.35) | (177.62) | (292.21) | |
- Interest Income | 31.78 | 72.00 | 157.44 | 108.75 | 268.29 | |
- Other un-allocable Income net of expenditure | (89.68) | 90.15 | (43.17) | 293.92 | 488.56 | |
Profit before Tax | 222.87 | 328.26 | 518.56 | 696.10 | 1,296.94 | |
3 | Capital Employed | |||||
- Electrical Energy | 6,023.32 | 5,262.90 | 6,023.32 | 5,262.90 | 5,300.58 | |
- EPC and Contracts Business | 356.74 | 303.03 | 356.74 | 303.03 | 417.78 | |
- Unallocated Corporate Assets (net) | 9,170.58 | 7,899.03 | 9,170.58 | 7,899.03 | 9,434.27 | |
Total | 15,550.64 | 13,464.96 | 15,550.64 | 13,464.96 | 15,152.63 | |
Standalone Statement of Assets and Liabilities | |||
(Rs. Crore) | |||
Sr. No. | Particulars | As at | As at |
30-09-2010 | 30-09-2009 | ||
(unaudited) | (unaudited) | ||
1 | Shareholders' funds | ||
(a) Share Capital | 244.92 | 225.32 | |
(b) Equity Warrants Issued and Subscribed | 541.08 | 996.23 | |
(c) Reserves and Surplus | 14,764.64 | 12,243.41 | |
15,550.64 | 13,464.96 | ||
2 | Loan Funds | 4,658.33 | 4,313.67 |
3 | Deferred Tax Liability (net) | 178.00 | 188.09 |
Total | 20,386.97 | 17,966.72 | |
1 | Fixed Assets | 4,089.49 | 3,937.44 |
2 | Investments | 8,356.39 | 9,560.60 |
3 | Current Assets, Loans and Advances | ||
(a) Inventories | 197.72 | 252.65 | |
(b) Sundry Debtors | 1,873.87 | 1,568.35 | |
(c) Cash and Bank Balances | 438.59 | 451.66 | |
(d) Other Current Assets | 1,629.59 | 1,367.21 | |
(e) Loans and Advances | 12,165.71 | 7,059.64 | |
16,305.48 | 10,699.51 | ||
4 | Less: Current Liabilities and Provisions | ||
(a) Current Liabilities | 7,549.95 | 5,580.73 | |
(b) Provisions | 814.44 | 650.10 | |
8,364.39 | 6,230.83 | ||
5 | Net Current Assets | 7,941.09 | 4,468.68 |
Total | 20,386.97 | 17,966.72 | |
Notes:
1. The final determination in the matter of Standby Charges payable to The Tata Power Company Limited (TPC) is pending before the Supreme Court for final hearing. The Company has so far fully accounted the liability of Rs. 515.60 crore as determined earlier by Maharashtra Electricity Regulatory Commission (MERC).
2. The final determination in respect of the claim by TPC of Rs. 323.87 crore, along with interest based on the Orders passed by MERC / Appellate Tribunal for Electricity (ATE) towards difference in energy charge and minimum offtake charges for energy supplied by TPC at 220 kV interconnection is pending before Supreme Court for final hearing. The Company has complied with the interim order direction of depositing Rs. 25 crore with the Registrar of Supreme Court and providing a Bank Guarantee of Rs. 9.98 crore.
3. MERC vide its order dated September 9, 2010 has vacated the interim order dated July 15, 2009 setting aside the stay on the tariff determined vide its Order dated June 15,2009 for the Mumbai distribution business after considering the contents of the report submitted by Administrative Staff College of India (ASCI) appointed by MERC. Accordingly the Company has billed to the consumers as per the revised Tariff from September, 2010 and has also accounted the additional revenue of Rs. 247.81 crore representing unbilled portion for the period April 1, 2010 to August 31, 2010 (including Rs. 162.01 crore in respect of the period April 1, 2010 to June 30, 2010) during the quarter ended September 30, 2010 and has been included in Annual Revenue Requirement (ARR) filed for 2010-11 with MERC.
4. The Committee of Whole-time Directors at its meeting held on February 25, 2009 approved the Scheme of Restructuring envisaging transfer of various operating divisions of the Company, namely Dahanu thermal power station division, Goa and Samalkot power station division, power transmission division, power distribution division (together considered under electrical segment), toll roads division and real estate division (together considered under other operations segment) to its respective resulting six wholly owned subsidiaries has since been sanctioned by the Bombay High Court subject to the Company receiving requisite approvals and the same has been filed with the Registrar of Companies on September 14, 2009. Implementation of the said scheme in the financial statements is contingent upon receipt of requisite approvals. The Scheme will be effective upon receipt of remaining approvals and therefore no disclosure has been made with regard to discontinuing operations.
5. There were no exceptional / extraordinary items during the quarter and half year ended September 30, 2010.
6. Ratios have been computed as under:
·; Debt Service Coverage Ratio = Earnings before Interest and Tax / (Interest on Long Term Debt + Principal Repayment of Long Term Debt)
·; Interest Service Coverage Ratio = Earnings before Interest and Tax / Interest on Long Term Debt
7. Information on investor complaints pursuant to Clause 41 of the listing agreement for the quarter ended September 30, 2010: opening: Nil; additions: 3; disposals: 3; closing: Nil
8. The above standalone results for the quarter and half year ended September 30, 2010 have been subjected to a "Limited Review" by the auditors of the Company, as per the listing agreement entered into with the stock exchanges in India.
9. After review by the Audit Committee, the Board of Directors of the Company have approved the results at their meeting held on November 12, 2010.
10. Figures of the previous year / period have been regrouped / reclassified wherever considered necessary.
11. There has not been any significant change in or any special factor influencing the business activities of the Company during the quarter ended September 30, 2010 except as specifically mentioned in the above Notes.
For and on behalf of the Board of Directors
Place: Mumbai Anil D. Ambani
Date: November 12, 2010 Chairman
Reliance Infrastructure Limited | ||||||
Registered Office: Reliance Energy Center, Santa Cruz (East), Mumbai 400 055 | ||||||
website: www.rinfra.com | ||||||
Unaudited Consolidated Financial Results for the quarter and half year ended September 30, 2010 | ||||||
(Rs. crore) | ||||||
Sr. No. | Particulars | Quarter Ended | Half Year Ended | Year Ended | ||
30-09-2010 | 30-09-2009 | 30-09-2010 | 30-09-2009 | 31-03-2010 | ||
(Unaudited) | (Unaudited) | (Unaudited) | (Unaudited) | (Unaudited) | ||
1 | (a) Net Sales of Electrical Energy (Refer Note No 3) | 3,255.56 | 2,965.82 | 6,561.58 | 5,999.17 | 11,298.39 |
(b) Income from EPC and Contracts Division | 686.49 | 932.33 | 1,086.13 | 1,494.78 | 3,197.63 | |
(c) Income from Toll Collections | 12.37 | - | 24.51 | - | 25.34 | |
(d) Other Operating Income | 88.27 | 76.30 | 194.17 | 151.09 | 343.46 | |
Total Operating Income | 4,042.69 | 3,974.45 | 7,866.39 | 7,645.04 | 14,864.82 | |
2 | Expenditure | |||||
(a) Cost of Electrical Energy purchased | 2,017.37 | 1,848.44 | 4,227.84 | 3,765.55 | 6,953.37 | |
(b) Cost of Fuel | 319.98 | 402.37 | 737.80 | 888.13 | 1,580.81 | |
(c) Tax on Sale of Electricity | 73.64 | 76.74 | 145.48 | 146.97 | 265.86 | |
(d) Cost of Materials and Sub-contract Charges (EPC and Contracts) | 563.64 | 822.50 | 866.10 | 1,272.63 | 2,706.06 | |
(e) Employees Cost | 243.05 | 281.20 | 476.06 | 489.79 | 946.52 | |
(f) Depreciation | 125.66 | 113.14 | 245.25 | 220.75 | 472.44 | |
(g) Other Expenditure | 207.64 | 182.22 | 387.76 | 418.03 | 891.89 | |
Total Expenditure | 3,550.98 | 3,726.61 | 7,086.29 | 7,201.85 | 13,816.95 | |
3 | Profit from operations before Other Income (Net) and Interest | 491.71 | 247.84 | 780.10 | 443.19 | 1,047.87 |
4 | Other Income (net) | (26.14) | 146.90 | 175.81 | 401.44 | 824.85 |
5 | Profit before Interest | 465.57 | 394.74 | 955.91 | 844.63 | 1,872.72 |
6 | Interest and Finance Charges | 152.02 | 131.06 | 289.27 | 288.03 | 525.13 |
7 | Profit from Ordinary Activities before Tax, Share in Associates and Minority Interest | 313.55 | 263.68 | 666.64 | 556.60 | 1,347.59 |
8 | Tax Expenses (net) (including Deferred Tax & Tax for earlier years) | 61.50 | 25.08 | 127.88 | 93.68 | 149.83 |
9 | Net Profit for the period but before Share in Associates and Minority Interest | 252.05 | 238.60 | 538.76 | 462.92 | 1,197.76 |
Share of Profit in Associates (net) | 108.14 | 86.25 | 196.74 | 217.58 | 321.45 | |
Minority Interest | (0.01) | (0.02) | (0.02) | (0.02) | 0.18 | |
10 | Net Profit for the period after Share in Associates and Minority Interest | 360.18 | 324.83 | 735.48 | 680.48 | 1,519.39 |
11 | Paid-up Equity Share Capital (Face Value of Rs. 10 per Share) | 244.91 | 225.31 | 244.91 | 225.31 | 244.91 |
12 | Reserves including Statutory Reserves excluding Revaluation Reserves | |||||
13 | Earnings Per Share (* not annualised) | |||||
(a) Basic (Rs.) | 14.71* | 14.42* | 30.04* | 30.20* | 67.43 | |
(b) Diluted (Rs.) | 14.51* | 14.12* | 29.62* | 29.57* | 66.39 | |
14 | Aggregate of Public Shareholding | |||||
- Number of Shares | 140,241,616 | 140,241,616 | 140,241,616 | 140,241,616 | 140,241,616 | |
- Percentage of Shareholding | 57.27 | 62.26 | 57.27 | 62.26 | 57.27 | |
15 | Promoter and promoter group shareholding | |||||
(a) Pledged / Encumbered | ||||||
- Number of shares | - | 8,568,576 | - | 8,568,576 | - | |
- Percentage of shares (as a % of the total shareholding | - | 10.08 | - | 10.08 | - | |
of promoter and promoter group) | ||||||
- Percentage of shares (as a % of the total share capital of the Company) | - | 3.80 | - | 3.80 | - | |
(b) Non-encumbered | ||||||
- Number of shares | 104,628,646 | 76,460,070 | 104,628,646 | 76,460,070 | 104,628,646 | |
- Percentage of shares (as a % of the total shareholding of promoter and promoter group) | 100.00 | 89.92 | 100.00 | 89.92 | 100.00 | |
- Percentage of shares (as a % of the total share capital of the Company) | 42.73 | 33.94 | 42.73 | 33.94 | 42.73 | |
Consolidated Segment-wise Revenue, Results and Capital Employed | ||||||
(Rs. crore) | ||||||
Sr. No. | Particulars | Quarter Ended | Half Year Ended | Year Ended | ||
30-09-2010 | 30-09-2009 | 30-09-2010 | 30-09-2009 | 31-03-2010 | ||
(Unaudited) | (Unaudited) | (Unaudited) | (Unaudited) | (Unaudited) | ||
1 | Segment Revenue (Net Sales / Income) | |||||
- Electrical Energy | 3,318.17 | 2,993.77 | 6,685.36 | 6,087.96 | 11,534.48 | |
- EPC and Contracts Division | 711.73 | 978.93 | 1,155.69 | 1,555.33 | 3,304.78 | |
- Roads | 12.48 | 1.75 | 24.62 | 1.75 | 25.34 | |
- Others | 0.31 | - | 0.73 | - | 0.22 | |
Total | 4,042.69 | 3,974.45 | 7,866.39 | 7,645.04 | 14,864.82 | |
Less: Inter Segment Revenue | - | - | - | - | - | |
Net Sales / Income from Operations | 4,042.69 | 3,974.45 | 7,866.39 | 7,645.04 | 14,864.82 | |
2 | Segment Results | |||||
Profit before Tax, Interest, Share in Associates and Minority Interest from each segment: | ||||||
- Electrical Energy | 429.45 | 186.45 | 665.94 | 313.76 | 828.56 | |
- EPC and Contracts Division | 65.65 | 82.64 | 120.55 | 137.27 | 240.95 | |
- Roads | 5.65 | (0.96) | 11.49 | (1.08) | 15.50 | |
- Others | (1.92) | 0.02 | (2.50) | (0.04) | (2.31) | |
Total | 498.83 | 268.15 | 795.48 | 449.91 | 1,082.70 | |
- Interest and Finance Charges | (152.02) | (131.06) | (289.27) | (288.03) | (525.13) | |
- Interest Income | 28.39 | 72.87 | 159.56 | 111.22 | 292.23 | |
- Other un-allocable Income net of expenditure | (61.65) | 53.72 | 0.87 | 283.50 | 497.79 | |
Profit before Tax, Share in Associates and Minority Interest | 313.55 | 263.68 | 666.64 | 556.60 | 1,347.59 | |
3 | Capital Employed | |||||
- Electrical Energy | 7,185.42 | 5,943.01 | 7,185.42 | 5,943.01 | 6,075.43 | |
- EPC and Contracts Division | 361.78 | 300.18 | 361.78 | 300.18 | 421.67 | |
- Roads | 112.11 | 81.53 | 112.11 | 81.53 | 107.03 | |
- Others | 1,831.38 | 1,323.72 | 1,831.38 | 1,323.72 | 1,471.88 | |
- Unallocated Corporate Assets (net) | 12,061.32 | 11,002.96 | 12,061.32 | 11,002.96 | 12,628.50 | |
Total | 21,552.01 | 18,651.40 | 21,552.01 | 18,651.40 | 20,704.51 | |
Unaudited Consolidated Statement of Assets and Liabilities | |||
(Rs. crore) | |||
Sr. No. | Particulars | As at | As at |
30-09-2010 | 30-09-2009 | ||
(unaudited) | (unaudited) | ||
1 | Shareholders' funds | ||
(a) Share Capital | 244.91 | 225.31 | |
(b) Equity Warrants Issued and Subscribed | 541.08 | 996.23 | |
(c) Reserves and Surplus | 20,766.02 | 17,429.86 | |
21,552.01 | 18,651.40 | ||
2 | Minority Interest | 127.55 | 124.72 |
3 | Loan Funds | 10,972.62 | 7,615.66 |
4 | Deferred Tax Liability (net) | 177.22 | 201.72 |
Total | 32,829.40 | 26,593.50 | |
1 | Fixed Assets | 13,016.30 | 9,520.79 |
2 | Investments | 12,296.54 | 13,517.66 |
3 | Current Assets, Loans and Advances | ||
(a) Inventories | 325.11 | 381.98 | |
(b) Sundry Debtors | 2,460.09 | 1,995.90 | |
(c) Cash and Bank Balances | 578.28 | 567.28 | |
(d) Other Current Assets | 1,752.09 | 1,457.07 | |
(e) Loans and Advances | 13,177.47 | 7,681.33 | |
18,293.04 | 12,083.56 | ||
4 | Less: Current Liabilities and Provisions | ||
(a) Current Liabilities | 9,382.95 | 7,192.10 | |
(b) Provisions | 1,393.53 | 1,336.41 | |
10,776.48 | 8,528.51 | ||
5 | Net Current Assets | 7,516.56 | 3,555.05 |
Total | 32,829.40 | 26,593.50 | |
Notes:
1. The final determination in the matter of Standby Charges payable to The Tata Power Company Limited (TPC) is pending before the Supreme Court for final hearing. The Parent Company has so far fully accounted the liability of Rs. 515.60 crore as determined earlier by Maharashtra Electricity Regulatory Commission (MERC).
2. The final determination in respect of the claim by TPC of Rs. 323.87 crore, along with interest based on the Orders passed by MERC / Appellate Tribunal for Electricity (ATE) towards difference in energy charge and minimum offtake charges for energy supplied by TPC at 220 kV interconnection is pending before Supreme Court for final hearing. The Parent Company has complied with the interim order direction of depositing Rs. 25 crore with the Registrar of Supreme Court and providing a Bank Guarantee of Rs. 9.98 crore.
3. MERC vide its order dated September 9, 2010 has vacated the interim order dated July 15, 2009 setting aside the stay on the tariff determined vide its Order dated June 15, 2009 for the Mumbai distribution business of the Parent Company after considering the contents of the report submitted by Administrative Staff College of India (ASCI) appointed by MERC. Accordingly the Parent Company has billed to the consumers as per the revised Tariff from September, 2010 and has also accounted the additional revenue of Rs. 247.81 crore representing unbilled portion for the period April 1, 2010 to August 31, 2010 (including Rs. 162.01 crore in respect of the period April 1, 2010 to June 30, 2010) during the quarter ended September 30, 2010 and has been included in Annual Revenue Requirement (ARR) filed for 2010-11 with MERC.
4. The Committee of Whole-time Directors at its meeting held on February 25, 2009 approved the Scheme of Restructuring envisaging transfer of various operating divisions of the Parent Company, namely Dahanu thermal power station division, Goa and Samalkot power station division, power transmission division, power distribution division (together considered under electrical segment), toll roads division and real estate division (together considered under other operations segment) to its respective resulting six wholly owned subsidiaries has since been sanctioned by the Bombay High Court subject to the Parent Company receiving requisite approvals and the same has been filed with the Registrar of Companies on September 14, 2009. Implementation of the said scheme in the financial statements is contingent upon receipt of requisite approvals. The Scheme will be effective upon receipt of remaining approvals and therefore no disclosure has been made with regard to discontinuing operations.
5. There were no exceptional / extraordinary items during the quarter and half year ended September 30, 2010.
6. Information on investor complaints pursuant to Clause 41 of the listing agreement for the quarter ended September 30, 2010: opening: Nil; additions: 3; disposals: 3; closing: Nil
7. The Company has opted to publish consolidated financial results for the year 2010-11. Standalone financial results, for the quarter and half year ended September 30, 2010 can be viewed on the websites of the Company, National Stock Exchange of India Limited and Bombay Stock Exchange Limited at www.rinfra.com, www.nseindia.comand www.bseindia.comrespectively. Key standalone financial information is given below:
(Rs. Crore)
Particulars | Quarter ended (Unaudited) | Half year ended (Unaudited) | Year ended (Unaudited) | ||
September 30, 2010 | September 30, 2009 | September 30, 2010 | September 30, 2009 | March 31, 2010 | |
Total Operating Income | 2,439.10 | 2,649.56 | 4,667.14 | 5,095.90 | 10,027.26 |
Profit before Tax | 222.86 | 328.26 | 518.55 | 696.10 | 1,296.94 |
Profit after Tax | 170.48 | 306.90 | 416.72 | 623.48 | 1,151.69 |
8. After review by the Audit Committee, the Board of Directors of the Company have approved the results at their meeting held on November 12, 2010.
9. Figures of the previous year / period have been regrouped / reclassified wherever considered necessary.
10. There has not been any significant change in or any special factor influencing the business activities of the Company during the quarter ended September 30, 2010 except as specifically mentioned in the above Notes.
For and on behalf of the Board of Directors
Place: Mumbai Anil D Ambani
Date: November 12, 2010 Chairman
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