Reliance Infrastructure shares down 5% ahead of Q1 result: Five things you need to know

The stock of the company, however, was locked in the 5% lower circuit band of ₹342.05 on the BSE.

On Thursday, shares of Reliance Power and Reliance Infra dropped 5% each, hitting their lower circuit limits, following raids by the Enforcement Department as part of an alleged ₹3,000 crore loan fraud relating to a money laundering case against the companies linked to Reliance Group Chairman Anil Ambani.

However, group companies Reliance Power and Reliance Infrastructure said in separate but identical regulatory filings that the ED actions have "absolutely no impact" on their business operations, financial performance, shareholders, employees, or any other stakeholders.

"The media reports appear to pertain to allegations concerning transactions of Reliance Communications Limited (RCOM) or Reliance Home Finance Limited (RHFL), which are over 10 years old," the companies said in the filings.

The companies also said in their filings that Anil Ambani was not on the board of either Reliance Power or Reliance Infrastructure and that they had no "business or financial linkage" to RCOM or RHFL.

Any action taken against RCOM or RHFL, the companies said, has no bearing or impact on the governance, management, or operations of either Reliance Power or Reliance Infrastructure.

Reliance Infra: Fundraising

Reliance Infrastructure on July 16, 2025, said its board approved raising up to ₹9,000 crore via various financial instruments.

In a regulatory filing, the company said its board of directors, at its meeting held on Wednesday, "approved seeking enabling authorisation from the members for raising funds up to ₹6,000 crore."

The fundraising will be through "the issuance of equity shares and/or equity-linked instruments and/or other eligible securities to qualified institutional buyers by way of a Qualified Institutions Placement and/orfollow-on public offer or a combination thereof," the filing said.

Further, it also gave its go-ahead to the issuance of secured/unsecured, redeemable, non-convertible debentures up to ₹3,000 crore, in one or more tranches, on a private placement basis or otherwise, the company said.

India Ratings Upgrades Reliance Infra Credit Rating

In July itself, rating agency Ind-Ra upgraded Reliance Infrastructure's credit rating on its existing non-fund-based working capital limits, reflecting its substantial deleveraging efforts, resulting in net zero debt with banks and financial institutions.

India Ratings and Research upgraded the credit rating from IND D' to IND B / Stable / IND A4.'

Additionally, the company said in a regulatory filing that Ind-Ra has withdrawn the ratings assigned to the earlier proposed fund-based and non-fund-based limits, which were not raised or availed by the company.

This upgrade represents a significant improvement of three notches in the company's credit profile, achieved after six years at the IND D rating level, it stated.

Reliance Infra pays YES Bank ₹273 crore debt

Reliance Infrastructure in June 2025 said its wholly-owned subsidiary JR Toll Road Private (JRTR) has paid the entire debt settlement amount of ₹273 crore to Yes Bank Ltd (YBL).

Reliance Infrastructure, in a regulatory filing, said the agreement has also resulted in full settlement/discharge of the company's obligation as a guarantor for the said loan on behalf of JRTR.

YBL does not hold any shares in the company and is neither a related party nor part of the promoter group, it added.

Reliance Infra turned profitable in Q4 FY25

Reliance Infrastructure reported a net profit of ₹4,387 crore for the March quarter (Q4 FY25), mainly aided by a reduction in expenses.

It had posted a net loss of ₹220.58 crore in the January-March period of 2023-24, the company said in an exchange filing.

The company's total income reduced to ₹4,268.05 crore during the quarter from ₹4,783.30 crore in the year-ago period.

Reliance Infrastructure trimmed its expenses to ₹4,827.97 crore from ₹5,286.81 crore in the fourth quarter of the preceding financial year.

As per the filing, the company earned an income of ₹8,274.87 crore in the quarter against ₹298.73 in Q4 FY24.

For the entire FY25, Reliance Infrastructure posted a net profit of ₹4,937.52 crore.

It had reported a loss of Rs 1,608.66 crore in FY24.

In a separate statement, the company said its consolidated net worth increased by ₹4,388 crore to ₹14,287 crore as of March 31 from ₹9,899 crore as of December 31, 2024.

"Standalone net debt from banks and financial institutions (FIs) is zero as of March 31," it said.

The company's power distribution subsidiary, BSES, added over 44,549 new households in Q4 FY25, taking the total number to 52.26 lakh.

Reliance Infra share price trend

Shares of the company have rallied over 44% in the past six months and over 12.5% year-to-date (YTD). In the past 12 months, the stock price has jumped nearly 88%.