Reliance Infrastructure loss decreases by 3.82% in (Q2) FY 2020-21

Source

Team Infinities:

Reliance Infrastructure Limited NSE Symbol:RELINFRA, BSE Security Code:500390 has declared its 2nd(second) quarter unaudited consolidated financial report from the month of July, 2020 to the month of September, 2020; for the fiscal year 2020-21.

Revenue Reported by Reliance Infrastructure Limited for Second Quarter FY, 2020-21
Current Quarter (July, 2020 - September, 2020) Previous Quarter (April, 2020 - June, 2020) Corresponding Quarter (July, 2019 - September, 2019) 6 Months Ended (April, 2020 - September, 2020) Corresponding 6 Months Ended (April, 2019 - September, 2019)
52.56 37.87 63.58 90.43 124.32
Calculated Revenue of Reliance Infrastructure Limited for Second Quarter FY, 2020-21
Current(September, 2020) VS Previous(June, 2020) Current(September, 2020) VS Corresponding(September, 2019) 6 months Ended(April, 2020 - September, 2020) VS Corresponding 6 months Ended(April, 2019 - September, 2019)
Change Change % Change Change % Change Change %
14.69 38.79%(Revenue Increase) 11.02 17.33%(Revenue Decrease) 33.89 27.26%(Revenue Decrease)

Revenue: Reliance Infrastructure Limited's financial report shows that the company's revenue increased by 38.79% in QoQ(Quarter on Quarter) / current quarter(July, 2020 - September, 2020) for revenue increase of Rs.14.69 billions, as the company posted revenue of Rs.52.56 billions; in compare to previous quarter(April, 2020 - June, 2020) when the company reported revenue of Rs.37.87 billions.
The result also shows that the company's revenue decreased by 17.33% in YoY(Year over Year) / in current quarter(July, 2020 - September, 2020) for revenue decrease of Rs.11.02 billions; in compare to corresponding quarter(July, 2019 - September, 2019) when the company posted revenue of Rs.63.58 billions.
The company also reported that its revenue decreased by 27.26% in 6 months end(April, 2020 - September, 2020) for revenue decrease of Rs.33.89 billions, since the company reported revenue of Rs.90.43 billions; in compare to corresponding 6 months end(April, 2019 - September. 2019) when the company posted revenue of Rs.124.32 billions.

Gross Margin(%) Reported by Reliance Infrastructure Limited for Second Quarter FY, 2020-21
Current Quarter (July, 2020 - September, 2020) Previous Quarter (April, 2020 - June, 2020) Corresponding Quarter (July, 2019 - September, 2019) 6 Months Ended (April, 2020 - September, 2020) Corresponding 6 Months Ended (April, 2019 - September, 2019)
35.53 29.68 39.31 33.15 38.39
Calculated Gross Margin(%) of Reliance Infrastructure Limited for Second Quarter FY, 2020-21
Current(September, 2020) VS Previous(June, 2020) Current(September, 2020) VS Corresponding(September, 2019) 6 months Ended(April, 2020 - September, 2020) VS Corresponding 6 months Ended(April, 2019 - September, 2019)
Change Change % Change Change % Change Change %
5.84 19.69%(GM Increase) 3.79 9.63%(GM Decrease) 5.24 13.66%(GM Decrease)

Gross Margin(%)/ GM: The company's financial report indicates, the company's GM increased by 19.69% in QoQ(Quarter on Quarter) / current quarter(July, 2020 - September, 2020) for 5.84% GM increase, as the company reported 35.53% GM; in compare to previous quarter(April, 2020 - June, 2020) when the company reported 29.68% GM.
The result also indicates, the company's GM decreased by 9.63% in YoY(Year over Year) / in current quarter(July, 2020 - September, 2020) for 3.79% GM decrease; in compare to corresponding quarter(July, 2019 - September, 2019) when the company reported 39.31% GM.
The company also reported that its GM decreased by 13.66% in 6 months end(April, 2020 - September, 2020) for 5.24% GM decrease, since the company reported 33.15% GM; in compare to corresponding 6 months end(April, 2019 - September. 2019) when the company reported 38.39% GM.

EBITDA Reported by Reliance Infrastructure Limited for Second Quarter FY, 2020-21
Current Quarter (July, 2020 - September, 2020) Previous Quarter (April, 2020 - June, 2020) Corresponding Quarter (July, 2019 - September, 2019) 6 Months Ended (April, 2020 - September, 2020) Corresponding 6 Months Ended (April, 2019 - September, 2019)
6.50 6.99 11.85 13.50 24.13
Calculated EBITDA of Reliance Infrastructure Limited for Second Quarter FY, 2020-21
Current(September, 2020) VS Previous(June, 2020) Current(September, 2020) VS Corresponding(September, 2019) 6 months Ended(April, 2020 - September, 2020) VS Corresponding 6 months Ended(April, 2019 - September, 2019)
Change Change % Change Change % Change Change %
0.49 7.01%(EBITDA Decrease) 5.35 45.15%(EBITDA Decrease) 10.63 44.05%(EBITDA Decrease)

EBITDA/ Earnings before interest, tax, depreciation and amortization: The company's financial report shows that the company's EBITDA decreased by 7.01% in QoQ(Quarter on Quarter) / current quarter(July, 2020 - September, 2020) for EBITDA decrease of Rs.0.49 billion, as the company posted EBITDA of Rs.6.50 billions; in compare to previous quarter(April, 2020 - June, 2020) when the company reported EBITDA of Rs.6.99 billions.
The result also shows that the company's EBITDA decreased by 45.15% in YoY(Year over Year) / in current quarter(July, 2020 - September, 2020) for EBITDA decrease of Rs.5.35 billions; in compare to corresponding quarter(July, 2019 - September, 2019) when the company posted EBITDA of Rs.11.85 billions.
The company also reported that its EBITDA decreased by 44.05% in 6 months end(April, 2020 - September, 2020) for EBITDA decrease of Rs.10.63 billions, since the company reported EBITDA of Rs.13.50 billions; in compare to corresponding 6 months end(April, 2019 - September. 2019) when the company posted EBITDA of Rs.24.13 billions.

Profit and Loss Reported by Reliance Infrastructure Limited for Second Quarter FY, 2020-21
Current Quarter (July, 2020 - September, 2020) Previous Quarter (April, 2020 - June, 2020) Corresponding Quarter (July, 2019 - September, 2019) 6 Months Ended (April, 2020 - September, 2020) Corresponding 6 Months Ended (April, 2019 - September, 2019)
2.77(Loss ) 2.88(Loss ) 2.80(Profit ) 5.66(Loss ) 5.80(Profit )
Calculated Profit and Loss of Reliance Infrastructure Limited for Second Quarter FY, 2020-21
Current(September, 2020) VS Previous(June, 2020) Current(September, 2020) VS Corresponding(September, 2019) 6 months Ended(April, 2020 - September, 2020) VS Corresponding 6 months Ended(April, 2019 - September, 2019)
Change Change % Change Change % Change Change %
0.11 3.82%(Loss Decrease) 5.57 198.93%(Loss Increase) 11.46 197.59%(Loss Increase)

Profit and Loss / PAT(Profit after Tax): The company's financial report shows that the company's loss decreased by 3.82% in QoQ(Quarter on Quarter) / current quarter(July, 2020 - September, 2020) for loss decrease of Rs.0.11 billion, as the company posted loss of Rs.2.77 billions; in compare to previous quarter(April, 2020 - June, 2020) when the company reported loss of Rs.2.88 billions.
The result also shows that the company's loss increased by 198.93% in YoY(Year over Year) / in current quarter(July, 2020 - September, 2020) for loss increase of Rs.5.57 billions; in compare to corresponding quarter(July, 2019 - September, 2019) when the company posted profit of Rs.2.80 billions.
The company also reported that its loss increased by 197.59% in 6 months end(April, 2020 - September, 2020) for loss increase of Rs.11.46 billions, since the company reported loss of Rs.5.66 billions; in compare to corresponding 6 months end(April, 2019 - September. 2019) when the company posted profit of Rs.5.80 billions.

EPS Reported by Reliance Infrastructure Limited for Second Quarter FY, 2020-21
Current Quarter (July, 2020 - September, 2020) Previous Quarter (April, 2020 - June, 2020) Corresponding Quarter (July, 2019 - September, 2019) 6 Months Ended (April, 2020 - September, 2020) Corresponding 6 Months Ended (April, 2019 - September, 2019)
10.55(Negative) 10.97(Negative) 10.66 21.52(Negative) 22.03
Calculated EPS of Reliance Infrastructure Limited for Second Quarter FY, 2020-21
Current(September, 2020) VS Previous(June, 2020) Current(September, 2020) VS Corresponding(September, 2019) 6 months Ended(April, 2020 - September, 2020) VS Corresponding 6 months Ended(April, 2019 - September, 2019)
Change Change % Change Change % Change Change %
0.42 3.83%(EPS Increase) 21.21 198.97%(EPS Decrease) 43.55 197.68%(EPS Decrease)

EPS /Earning per Share: The company's financial report shows that the company's EPS increased by 3.83% in QoQ(Quarter on Quarter) / current quarter(July, 2020 - September, 2020) for EPS increase of Rs.0.42, as the company posted Negative EPS of Rs.10.55; in compare to previous quarter(April, 2020 - June, 2020) when the company reported Negative EPS of Rs.10.97.
The result also shows that the company's EPS decreased by 198.97% in YoY(Year over Year) / in current quarter(July, 2020 - September, 2020) for EPS decrease of Rs.21.21; in compare to corresponding quarter(July, 2019 - September, 2019) when the company posted EPS of Rs.10.66.
The company also reported that its EPS decreased by 197.68% in 6 months end(April, 2020 - September, 2020) for EPS decrease of Rs.43.55, since the company reported Negative EPS of Rs.21.52; in compare to corresponding 6 months end(April, 2019 - September. 2019) when the company posted EPS of Rs.22.03.

Assets Reported by Reliance Infrastructure Limited for Second Quarter FY, 2020-21
Details Non-current Assets Current Assets
Current Year Ended(September, 2020) Previous Year End(March, 2020) Current Year Ended(September, 2020) Previous Year End(March, 2020)
Reported 277.22 260.01 192.23 175.37
  Change Change % Change Change %
Calculated 17.21 6.62%(Assets Increase) 16.86 9.61%(Assets Increase)

Assets:The company reported its non-current assets increased by 6.62% in current quarter(September, 2020) for non-current assets increase of Rs.17.21 billions, since the company reported net non-current assets of Rs.277.22 billions; in compare to previous year end(March, 2020) when the company reported net non-current assets of Rs.260.01 billions.
The balance sheet of the company also shows that, its current assets increased by 9.61% in current quarter(September, 2020) for current assets increase of Rs.16.86 billions, as the company reported net current assets of Rs.192.23 billions; against previous year end(March, 2020) when the company reported net current assets of Rs.175.37 billions.

Liabilities Reported by Reliance Infrastructure Limited for Second Quarter FY, 2020-21
Details Non-current Liabilities Current Liabilities
Current Year Ended(September, 2020) Previous Year End(March, 2020) Current Year Ended(September, 2020) Previous Year End(March, 2020)
Reported 149.34 184.67 400.16 337.25
  Change Change % Change Change %
Calculated 35.33 19.13%(Liabilities Decrease) 62.91 18.65%(Liabilities Increase)

Liabilities:The company reported its non-current liabilities decreased by 19.13% in current quarter(September, 2020) for non-current liabilities decrease of Rs.35.33 billions, since the company reported net non-current liabilities of Rs.149.34 billions; in compare to previous year end(March, 2020) when the company reported net non-current liabilities of Rs.184.67 billions.
The balance sheet of the company also shows that, its current liabilities increased by 18.65% in current quarter(September, 2020) for current liabilities increase of Rs.62.91 billions, as the company reported net current liabilities of Rs.400.16 billions; against previous year end(March, 2020) when the company reported net current liabilities of Rs.337.25 billions.

 


***All amounts are given in Billion Indian Rupees(INR) except EPS (Earnings per share) which are in Indian Rupees(INR) only.***
Gross Margin=Total Revenue from Operations -(Cost of Materials Consumed + Purchases of stock-in-trade - Changes in inventories of finished goods, work-in-progress and stock-in-trade).
Gross Margin%=(Gross Margin / Total Revenue from Operations)*100.
EBITDA=Commission/Interest + Depreciation and Amortization + Tax + Profit/Loss (PAT).
1 Lac = 100,000.
1 Million = 10 Lacs.
1 Crore = 10 Millions.
1 Crore = 100 Lacs.
1 Billion = 1000 Millions.
1 Billion = 100 Crores.