Reliance Infra Declares Unaudited Q1 FY27 Results
Reliance Infrastructure Ltd has announced its unaudited financial results for the quarter ended June 30, 2026, for both consolidated and standalone operations. The Board of Directors approved these results on August 14, 2026. The auditors' report highlights significant uncertainties, including an inability to determine the overall recovery of economic rights in Odisha Discoms and certain unlisted entities, with a carrying value of ₹4,705.74 Crore. Additionally, the auditors could not determine the consequential implications of ongoing proceedings by ED, CBI, SEBI, and SFIO, as well as a notice from the erstwhile auditor. The review report also notes issues with subsidiary MMOPL, including eroded net worth, liabilities exceeding assets, a loss of ₹192.45 crore for the quarter, and pending restructuring approvals.
Key Highlights
- Unaudited financial results for Q1 FY27 declared.
- Consolidated and standalone results approved by the Board.
- Auditors unable to determine recovery of ₹4,705.74 Cr in Odisha Discoms.
- Uncertainty surrounds implications of ongoing regulatory proceedings.
- Subsidiary MMOPL faces net worth erosion and operational challenges.
Price Impact
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