Reliance Inf S Regulatory News (RIFS)

Reliance Infrastructure Limited

Registered Office: H Block, 1st Floor, Dhirubhai Ambani Knowledge City, Navi Mumbai 400 710

website: www.rinfra.com

 Statement of Consolidated Financial Results for the quarter and half year ended September 30, 2012

Part - I

 (Rs. crore)

Sr. No.

Particulars

 Quarter ended

 Half Year ended

 Year ended

 30-09-2012

 30-06-2012

 30-09-2011

 30-09-2012

 30-09-2011

 31-03-2012

 (Unaudited)

 (Unaudited)

 (Unaudited)

 (Unaudited)

 (Unaudited)

 (Audited)

1

Income from Operations

(a) Net Sales from Electricity Business

3,585.34

3,491.77

3,260.11

7,077.11

6,300.07

12,239.49

(b) Income from EPC and Contracts Business

1,800.49

1,751.14

2,211.31

3,551.63

3,961.33

11,035.98

(c) Income from Infrastructure Business

110.54

98.23

77.24

208.77

143.25

319.56

(d) Other Operating Income

18.91

41.94

180.25

60.85

469.79

631.12

Total Operating Income

5,515.28

5,383.08

5,728.91

10,898.36

10,874.44

24,226.15

2

Expenditure

(a) Cost of Electrical Energy purchased

2,330.25

2,250.38

2,209.76

4,580.63

4,115.50

7,812.87

(b) Cost of Fuel

396.62

417.32

368.58

813.94

816.48

1,593.40

(c) Construction Materials Consumed and Sub-Contracting

Charges

1,548.63

1,490.27

1,847.54

3,038.90

3,341.47

9,718.86

(d) Employee Beneifts Expenses

259.67

308.33

267.47

568.00

543.35

1,028.50

(e) Depreciation

125.82

125.47

100.93

251.29

203.35

403.33

(f) Other Expenses

309.93

245.02

333.21

554.95

609.91

1,343.25

Total Expenditure

4,970.92

4,836.79

5,127.49

9,807.71

9,630.06

21,900.21

3

Profit from operations before Other Income (net),Finance Costs and Exceptional Items

544.36

546.29

601.42

1,090.65

1,244.38

2,325.94

4

Other Income (net)

282.34

258.85

126.43

541.19

300.41

814.42

5

Profit from Ordinary Activities before Finance Costs and Exceptional Items

826.70

805.14

727.85

1,631.84

1,544.79

3,140.36

6

Finance Costs

404.34

361.39

250.70

765.73

467.32

1,335.94

7

Profit from Ordinary Activities before Exceptional Items

422.36

443.75

477.15

866.11

1,077.47

1,804.42

8

Exceptional Items

-

-

-

-

-

-

9

Profit from Ordinary Activities before Tax, Share in Associates and Minority Interest

422.36

443.75

477.15

866.11

1,077.47

1,804.42

10

Tax Expenses (net)

108.65

100.28

183.25

208.93

454.55

544.16

11

Profit after Tax but before Share in Associates and Minority Interest

313.71

343.47

293.90

657.18

622.92

1,260.26

Share of Profit in Associates (net)

67.72

69.82

68.42

137.54

146.09

332.04

Minority Interest

0.38

(1.32)

(0.69)

(0.94)

(1.99)

(5.49)

12

Profit after Tax, Share in Associates and Minority Interest

381.81

411.97

361.63

793.78

767.02

1,586.81

13

Paid-up Equity Share Capital (Face Value of Rs. 10 per Share)

263.03

263.03

263.57

263.03

263.57

263.03

14

Reserves including Statutory Reserves excluding Revaluation Reserves

23,367.13

15

Earnings Per Share (* not annualised)

(a) Basic (Rs.)

 14.52*

 15.66*

 13.74*

 30.18*

 29.15*

60.05

(b) Diluted (Rs.)

 14.52*

 15.66*

 13.74*

 30.18*

 29.15*

60.05

Part - II Selected Information for the quarter ended September 30, 2012

A

Particulars of Shareholding

1

Public Shareholding

- Number of Shares

135,363,010

135,363,010

135,893,272

135,363,010

135,893,272

135,363,010

- Percentage of Shareholding

51.47

51.47

51.57

51.47

51.57

51.47

2

Promoter and promoter group shareholding

(a) Pledged / Encumbered

- Number of shares

-

-

-

-

-

-

- Percentage of shares (as a % of the total shareholding

-

-

-

-

-

-

of promoter and promoter group)

- Percentage of shares (as a % of the total share capital of the Company)

-

-

-

-

-

-

(b) Non-encumbered

- Number of shares

127,626,990

127,626,990

127,626,990

127,626,990

127,626,990

127,626,990

- Percentage of shares (as a % of the total shareholding

100.00

100.00

100.00

100.00

100.00

100.00

of promoter and promoter group)

- Percentage of shares (as a % of the total share capital of the Company)

48.53

48.53

48.43

48.53

48.43

48.53

B

Investor Complaints

 Quarter ended

30-09-2012

Pending at the beginning of the quarter

 Nil

Received during the quarter

8

Disposed of during the quarter

8

Remaining unresolved at the end of the quarter

 Nil

Reliance Infrastructure Limited

Registered Office: H Block, 1st Floor, Dhirubhai Ambani Knowledge City, Navi Mumbai 400 710

website: www.rinfra.com

Consolidated Segment-wise Revenue, Results and Capital Employed

 (Rs. crore)

Sr. No.

Particulars

Quarter ended

 Half Year ended

 Year ended

 30-09-2012

 30-06-2012

 30-09-2011

 30-09-2012

 30-09-2011

 31-03-2012

 (Unaudited)

 (Unaudited)

 (Unaudited)

 (Unaudited)

 (Unaudited)

 (Audited)

1

Segment Revenue

- Electricity Business

3,601.76

3,518.43

3,439.34

7,120.19

6,764.78

12,858.05

- EPC and Contracts Business

1,802.64

1,766.24

2,212.33

3,568.88

3,966.41

11,047.77

- Infrastructure Business

110.88

98.41

77.24

209.29

143.25

320.33

Total

5,515.28

5,383.08

5,728.91

10,898.36

10,874.44

24,226.15

Less: Inter Segment Revenue

-

-

-

-

-

-

Net Sales / Income from Operations

5,515.28

5,383.08

5,728.91

10,898.36

10,874.44

24,226.15

2

Segment Results

Profit before Interest, Tax, Share in Associates and Minority Interest from each segment:

- Electricity Business

348.91

352.78

425.91

701.69

950.28

1,650.90

- EPC and Contracts Business

169.82

175.13

230.21

344.95

370.86

916.79

- Infrastructure Business

56.11

36.39

(7.50)

92.50

(13.00)

(61.50)

Total

574.84

564.30

648.62

1,139.14

1,308.14

2,506.19

- Finance Costs

(404.34)

(361.39)

(250.70)

(765.73)

(467.32)

(1,335.94)

- Interest Income

211.68

200.44

126.05

412.12

217.54

560.69

- Other un-allocable Income net of expenditure

40.18

40.40

(46.82)

80.58

19.11

73.48

Profit before Tax, Share in Associates and Minority Interest

422.36

443.75

477.15

866.11

1,077.47

1,804.42

3

Capital Employed

- Electricity Business

14,218.81

13,982.84

12,494.02

14,218.81

12,494.02

13,834.25

- EPC and Contracts Business

2,421.00

3,735.98

2,726.94

2,421.00

2,726.94

2,816.57

- Infrastructure Business

8,513.13

7,816.63

9,296.64

8,513.13

9,296.64

9,720.04

- Unallocated Assets (net)

(19.64)

(885.16)

(100.79)

(19.64)

(100.79)

(2,236.20)

Total

25,133.30

24,650.29

24,416.81

25,133.30

24,416.81

24,134.66

Consolidated Statement of Assets and Liabilities

 (Rs. crore)

Sr. No.

Particulars

 As at

 As at

 30-09-2012

 31-03-2012

 (Unaudited)

 (Audited)

A.

I. Equity and Liabilites

1

Shareholders' Funds

(a) Share Capital

263.03

263.03

(b) Reserves and Surplus

24,870.27

23,871.63

Shareholders' Funds

25,133.30

24,134.66

2

 Minority Interest

214.42

205.66

3

Non-Current Liabilities

(a) Long-term borrowings

10,605.86

11,700.30

(b) Deferred tax liabilities (Net)

484.97

451.09

(c) Other Long term liabilities

6,728.17

5,599.14

(d) Long term provisions

389.92

389.60

Non-Current Liabilities

18,208.92

18,140.13

4

Current Liabilities

(a) Short-term borrowings

6,594.27

6,416.09

(b) Trade payables

6,163.01

6,233.97

(c) Other current liabilities

7,842.08

6,007.48

(d) Short-term provisions

62.89

271.92

 Current Liabilities

20,662.25

18,929.46

TOTAL - EQUITY AND LIABILITIES

64,218.89

61,409.91

B

Assets

1

Non-current Assets

(a) Fixed assets

17,683.08

18,625.89

(b) Goodwill on Consolidation

78.27

78.25

(c) Non-current investments

10,101.12

9,247.80

(d) Long term loans and advances

2,845.35

3,366.93

(e) Other non-current assets

8,927.08

8,260.58

Non-Current Assets

39,634.90

39,579.45

2

Current Assets

(a) Current investments

2,632.56

3,053.71

(b) Inventories

329.58

377.86

(c) Trade receivables

6,343.30

4,894.24

(d) Cash and cash equivalents

745.34

1,377.03

(e) Short-term loans and advances

11,958.15

10,439.86

(f) Other current assets

2,575.06

1,687.76

Current Assets

24,583.99

21,830.46

TOTAL - ASSETS

64,218.89

61,409.91

Particulars

Quarter ended

(Unaudited)

Six Months ended (Unaudited)

Year ended (Audited)

September 30, 2012

June 30, 2012

September 30, 2011

September 30, 2012

September 30, 2011

March

31, 2012

Total Operating Income

3,500.22

3,447.28

3,978.00

6,947.50

7,669.03

17,906.67

Profit before Tax

508.98

415.22

675.18

924.20

1,354.70

2,497.76

Profit after Tax

414.13

327.02

495.74

741.15

926.26

2.000.26