Reliance Industrial Infrastructure files BRSR for FY26

2 min read     Updated on 31 May 2026, 07:01 AM
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Reliance Industrial Infrastructure Limited filed its Business Responsibility and Sustainability Report for FY26, revealing a turnover of ₹53.60 crore and a net worth of ₹329.05 crore. The company, focused on pipeline transportation, reported zero waste generation and identified material risks such as environmental impacts and disaster preparedness. It also disclosed a workforce of 53 employees and resolved all shareholder grievances during the year.

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Reliance Industrial Infrastructure Limited has filed its Business Responsibility and Sustainability Report for the financial year 2025-26, disclosing a turnover of ₹53,60,48,769 and a net worth of ₹3,29,04,52,545. The company, which provides infrastructure support services primarily to Reliance Industries Limited, reported that it manages environmental impacts through a Supervisory Control and Data Acquisition (SCADA) system and continuous monitoring of its petroleum pipelines. The report highlights that the entity has identified material risks including managing environmental impacts, energy efficiency, and disaster preparedness, with negative financial implications associated with these risks.

Financial and Operational Overview

reliance industrial infrastructure operates primarily in the transportation and storage sector, with land transport and transport via pipelines accounting for 73.29% of its turnover. The company reported a paid-up capital of ₹15,10,00,000 and stated that it does not sell through dealers or distributors, with 99.78% of its sales made to related parties. The report indicates that 91% of total procurement inputs were sourced from MSME vendors, while 79% were sourced from local vendors within 100 km of operating locations.

Governance and Compliance

The company confirmed that its Board-approved policies cover all nine principles of the National Guidelines on Responsible Business Conduct (NGRBC). Shri Vipin Chandra Sati, Executive Director, is identified as the highest authority responsible for the implementation and oversight of business responsibility policies. The report states that the company has not received any fines, penalties, or punitive actions from regulators during the financial year. It also disclosed that the number of shareholder grievances filed during FY26 was 7, all of which were resolved, compared to 4 grievances in the previous year.

Employee Welfare and Safety

Reliance Industrial Infrastructure reported a total workforce of 53 employees, comprising 49 male and 4 female employees. The company noted that 100% of permanent employees were covered by health and accident insurance. The median remuneration for employees other than the Board of Directors and Key Managerial Personnel was ₹10,19,325 for males and ₹80,44,306 for females. The report recorded zero Lost Time Injury Frequency Rate (LTIFR) and zero fatalities for both employees and workers. Additionally, the company spent 0.91% of its total revenue on well-being measures for employees.

Environmental Performance

The company disclosed a total energy consumption of 67,14,10,800 kilo joules from non-renewable sources for FY26, with an energy intensity of 1.48 kilo joules per rupee of turnover. Total Scope 2 greenhouse gas emissions were reported at 132.417 metric tonnes of CO2 equivalent. The report stated that the company generated zero waste across all categories, including plastic, e-waste, and hazardous waste, attributing this to its closed-loop pipeline transportation business. Water withdrawal was recorded at 9,962 kilolitres, solely for human consumption and non-operational purposes.

Historical Stock Returns for Reliance Industrial Infrastructure

1 Day5 Days1 Month6 Months1 Year5 Years
-1.13%-1.15%-6.94%-14.42%-19.44%+72.94%

How does the company plan to mitigate the negative financial implications associated with identified material risks such as energy efficiency and disaster preparedness?

What strategies will be implemented to reduce reliance on non-renewable energy sources given the current energy intensity metrics?

Will the company maintain its zero-waste status if it expands operations beyond closed-loop pipeline transportation?

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Reliance Infrastructure reports net profit of ₹2,900.23 crore for FY26

1 min read     Updated on 23 May 2026, 08:59 PM
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Reliance Infrastructure Limited announced its audited financial results for the year ended March 31, 2026, reporting a consolidated net profit of ₹2,900.23 crore compared to ₹1,708.98 crore in the previous year. The board approved the appointment of new statutory and secretarial auditors, appointed a new Chief Executive Officer and Chief Financial Officer, and sought shareholder authorization to raise funds up to ₹3,000 crore.

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Reliance Infrastructure Limited announced its audited financial results for the quarter and year ended March 31, 2026. The company reported a consolidated net profit of ₹2,900.23 crore for the fiscal year 2025-26, compared to a net profit of ₹1,708.98 crore in the previous year. Total income from operations for the year stood at ₹23,591.88 crore.

The board of directors, in its meeting held on May 23, 2026, approved the appointment of M/s Paresh Rakesh & Associates LLP as the statutory auditors to fill a casual vacancy. The firm will hold office until the conclusion of the 102nd Annual General Meeting for the financial year 2030-31, subject to shareholder approval. M/s Chaturvedi & Shah LLP ceased to be the statutory auditors effective from the close of business hours on the same day.

Furthermore, the board approved the appointment of M/s Vijay S. Tiwari & Associates as Secretarial Auditors for a period of five years from FY 2026-27 to FY 2030-31. The company also approved the appointment of Shri Vijesh Bahu Thota as Chief Executive Officer, consequent to his cessation from the position of Chief Financial Officer. Shri Asheesh Chaturvedi was appointed as the new Chief Financial Officer with immediate effect.

In a significant move, the board sought enabling authorization from shareholders to raise funds up to ₹3,000 crore through the issuance of equity shares, equity-linked instruments, or other eligible securities. The funds may be raised via a Qualified Institutions Placement (QIP), a follow-on public offer, or a combination thereof, subject to requisite approvals.

Key Financial Highlights

Particulars Year Ended March 31, 2026 (₹ in crore) Year Ended March 31, 2025 (₹ in crore)
Income from Operations 23,591.88 23,999.29
Total Income 23,999.29 24,406.01
Total Expenses 20,862.03 22,563.27
Net Profit for the year 2,900.23 1,708.98
Earnings Per Share (Basic) 71.44 41.65

The auditors issued a disclaimer of opinion on the consolidated financial results due to the inability to determine the recovery of economic rights in Odisha Discoms and certain unlisted entities, and ongoing proceedings by regulatory authorities. However, the financial statements have been prepared on a going concern basis.

Historical Stock Returns for Reliance Industrial Infrastructure

1 Day5 Days1 Month6 Months1 Year5 Years
-1.13%-1.15%-6.94%-14.42%-19.44%+72.94%

How might the auditors' disclaimer of opinion regarding Odisha Discoms recovery impact Reliance Infrastructure's ability to successfully complete the planned ₹3,000 crore QIP or follow-on public offer?

What strategic acquisitions or debt reduction initiatives is Reliance Infrastructure likely to prioritize with the proceeds from the proposed ₹3,000 crore fundraise?

How could the simultaneous leadership transition — with the CEO previously serving as CFO and a new CFO appointment — affect investor confidence and the company's financial strategy going forward?

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