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

CIN No. : L99999MH1929PLC001530

Standalone Statement of Financial Results for the quarter and half year ended September 30, 2015

Part - I

Rs crore

Sr. No.

Particulars

Quarter ended

Half year ended

Year ended

30-09-2015

30-06-2015

30-09-2014

30-09-2015

30-09-2014

31-03-2015

(Unaudited)

(Unaudited)

(Unaudited)

(Unaudited)

(Unaudited)

(Audited)

1

Income from Operations

(a) Net Sales / Income from Power Business

1,903.09

1,982.70

1,897.84

3,885.79

3,856.76

7,726.43

(b) Income from EPC and Contracts Business

649.87

596.65

552.31

1,246.52

1,117.69

2,620.22

(c) Other Operating Income

18.30

15.03

16.91

33.33

28.51

188.91

Total Income from Operations

2,571.26

2,594.38

2,467.06

5,165.64

5,002.96

10,535.56

2

Expenses

(a) Cost of Power purchased

870.66

913.42

832.66

1,784.08

1,847.40

3,685.18

(b) Cost of Fuel

262.08

263.89

287.81

525.97

595.66

1,087.45

(c) Tax on Sale of Electricity

-

-

-

-

-

-

(c) Construction Materials Consumed and

Sub-contracting Charges

397.34

480.85

421.41

878.19

825.45

2,036.02

(d) Employee benefits expense

253.51

263.46

244.25

516.97

465.93

976.19

(e) Depreciation and amortisation

100.13

121.35

120.39

221.48

210.14

486.86

(f) Other Expenses

260.49

196.04

199.88

456.53

356.94

790.26

Total Expenses

2,144.21

2,239.01

2,106.40

4,383.22

4,301.52

9,061.96

3

Profit from Operations before Other Income (net), finance costs and exceptional items

427.05

355.37

360.66

782.42

701.44

1,473.60

4

Other Income (net) (Refer Note 1 (b))

477.48

469.62

401.25

947.10

796.75

1,562.60

5

Profit from Ordinary Activities before finance costs and exceptional items

904.53

824.99

761.91

1,729.52

1,498.19

3,036.20

6

Finance Costs (Refer Note 1 (b))

404.00

406.13

353.96

810.13

688.27

1,518.14

7

Profit from Ordinary Activities before exceptional items

500.53

418.86

407.95

919.39

809.92

1,518.06

8

Exceptional Items

-

-

-

-

-

-

9

Profit from Ordinary Activities before tax

500.53

418.86

407.95

919.39

809.92

1,518.06

10

Tax Expenses (including Deferred Tax & Tax for earlier years)

115.00

89.00

51.90

204.00

132.40

(15.33)

11

Profit from Ordinary Activities after Tax

385.53

329.86

356.05

715.39

677.52

1,533.39

12

Extraordinary items

-

-

-

-

-

-

13

Profit for the period

385.53

329.86

356.05

715.39

677.52

1,533.39

14

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

263.03

263.03

262.58

263.03

262.58

263.03

15

Reserves including Statutory Reserves excluding Revaluation Reserves

20,428.93

16

Earnings Per Share (* not annualised)

(a) Basic (Rs)

14.66 *

12.54 *

13.54 *

 27.20 *

 25.76 *

58.31

(b) Diluted (Rs)

14.66 *

12.54 *

13.54 *

 27.20 *

 25.76 *

58.31

17

Debt Service Coverage Ratio (Refer Note 5)

1.01

1.04

1.40

18

Interest Service Coverage Ratio (Refer Note 5)

3.28

3.15

3.15

Part - II Selected Information for the quarter ended September 30, 2015

A

Particulars of Shareholding

1

Public Shareholding

- Number of Shares

13,53,62,964

13,53,62,964

13,53,62,964

13,53,62,964

13,53,62,964

13,53,62,964

- Percentage of Shareholding

51.47

51.47

51.47

51.47

51.47

51.47

2

Promoter and promoter group shareholding

a) Pledged/Encumbered

- Number of shares

6,08,64,675

4,53,64,675

-

6,08,64,675

-

3,90,00,000

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

47.69

35.54

-

47.69

-

30.56

of promoter and promoter group)

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

23.14

17.25

-

23.14

-

14.83

b) Non-encumbered

- Number of shares

6,67,62,361

8,22,62,361

12,76,27,036

6,67,62,361

12,76,27,036

8,86,27,036

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

52.31

64.46

100.00

52.31

100.00

69.44

of promoter and promoter group)

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

25.39

31.28

48.53

25.39

48.53

33.70

B

Investor Complaints

Quarter ended 30-09-2015

Pending at the beginning of the quarter

Nil

Received during the quarter

8

Disposed off during the quarter

8

Remaining unresolved at the end of the quarter

Nil

Segment-wise Revenue, Results and Capital Employed

Rs crore

Sr. No.

Particulars

Quarter ended

Half year ended

Year ended

30-09-2015

30-06-2015

30-09-2014

30-09-2015

30-09-2014

31-03-2015

(Unaudited)

(Unaudited)

(Unaudited)

(Unaudited)

(Unaudited)

(Audited)

1

Segment Revenue

- Power Business

1,919.87

1,995.12

1,914.54

3,914.99

3,884.83

7,894.27

- EPC and Contracts Business

651.39

599.26

552.52

1,250.65

1,118.13

2,641.29

Total

2,571.26

2,594.38

2,467.06

5,165.64

5,002.96

10,535.56

Less : Inter Segment Revenue

-

-

-

-

-

-

Net Sales / Income from Operations

2,571.26

2,594.38

2,467.06

5,165.64

5,002.96

10,535.56

2

Segment Results

Profit before Tax and Interest from each segment :

- Power Business

352.68

347.58

358.80

700.26

654.01

1,404.44

- EPC and Contracts Business

127.96

63.57

58.48

191.53

148.39

274.47

Total

480.64

411.15

417.28

891.79

802.40

1,678.91

- Finance Costs

(404.00)

(406.13)

(353.96)

(810.13)

(688.27)

(1,518.14)

- Interest Income

368.25

366.63

278.12

734.88

554.55

1,099.47

- Other un-allocable Income net of expenditure

55.64

47.21

66.51

102.85

141.24

257.82

Profit before Tax

500.53

418.86

407.95

919.39

809.92

1,518.06

3

Capital Employed

- Power Business

8,163.26

8,625.82

7,613.28

8,163.26

7,613.28

9,263.58

- EPC and Contracts Business

372.32

543.18

696.59

372.32

696.59

935.98

- Unallocated Assets (net)

13,369.17

12,355.42

13,641.39

13,369.17

13,641.39

10,987.84

Total

21,904.75

21,524.42

21,951.26

21,904.75

21,951.26

21,187.40

Standalone Statement of Assets and Liabilities

Rs crore

Particulars

As at

As at

30-09-2015

31-03-2015

(Unaudited)

(Audited)

A. EQUITY AND LIABILITIES

(1) Shareholders' Funds

(a) Share capital

263.03

263.03

(b) Reserves and Surplus

21,641.72

20,924.37

Shareholder's Funds

21,904.75

21,187.40

(2) Non-Current Liabilities

(a) Long-term borrowings

8,580.73

8,546.32

(b) Deferred tax liabilities (Net)

318.39

297.39

(c) Other Long term liabilities

2,347.59

2,627.16

(d) Long term provisions

380.00

380.00

Non-current Liabilities

11,626.71

11,850.87

(3) Current Liabilities

(a) Short-term borrowings

7,042.50

7,058.02

(b) Trade payables

4,444.64

3,895.09

(c) Other current liabilities

5,110.28

5,008.43

(d) Short-term provisions

1,032.14

570.77

Current Liabilities

17,629.56

16,532.31

TOTAL EQUITY AND LIABILITIES

51,161.02

49,570.58

B. ASSETS

(1) Non-current assets

(a) Fixed assets

7,702.59

7,701.74

(b) Non-current investments

15,417.52

14,875.38

(c) Long term loans and advances

506.91

474.40

(d) Other non-current assets

3,688.04

3,807.51

Non-current Assets

27,315.06

26,859.03

(2) Current assets

(a) Current investments

3,448.12

3,231.33

(b) Inventories

303.22

386.62

(c) Trade receivables

4,729.35

5,190.61

(d) Cash and bank balances

549.57

145.63

(e) Short-term loans and advances

11,788.82

10,766.05

(f) Other current assets

3,026.88

2,991.31

Current Assets

23,845.96

22,711.55

TOTAL ASSETS

51,161.02

49,570.58