OREANDA-NEWS. May 30, 2011. Reliance Infrastructure Limited today announced it's audited financial results for the financial year ended March 31, 2011. The performance highlights are:

Consolidated - Year ended March 31, 2011

• Total Operating Income of Rs 15,408 crore (USD  3.5 billion), against Rs 14,865 crore in the previous year, an increase of 4%

Net Profit of Rs 1,552 crore (USD  348 million), against Rs 1,519 crore in the previous year, an increase of 2%

Cash Profit of Rs 1,976 crore (USD  443 million), against Rs 1,937 crore in the previous year, an increase of 2%

Cash Earnings Per Share (Cash EPS) of Rs 79 (USD  1.8), against Rs 86 in the previous year

Earnings Per Share (EPS) of Rs 62 (USD  1.4 ), against Rs 67 in the previous year

At the meeting held today, the Board has declared payment of dividend of Rs 7.20 per share, amounting to a payout of Rs 191 crore (USD  43 million) for the year ended March 31, 2011.

As on March 31, 2011, the net worth of the Company on consolidated basis stood at Rs 23,965 crore (USD  5.4 billion). Book value per share on consolidated basis has increased to Rs 958

(USD  21) as on March 31, 2011 from Rs 846 per share as on March 31, 2010.

On standalone basis, the Company's total debt on standalone basis stood at Rs 3,969 crore

(USD  890 million). The Company remains debt free at the net level and enjoys the top end ratings of 'AA+' and 'AA' from CRISIL and FITCH respectively.

KEY HIGHLIGHTS

Road Projects: Developing 11 road projects of 970 kms worth Rs 12,000 crore

o Have 3 operational projects and additional 7 projects would be operational within 9 months o Won two 6 laning projects i.e Delhi Agra (UP) & Hosur Krishnagiri (Tamil Nadu) totaling 240 kms o Pune Satara (Maharashtra) 6 laning Road project of 140 kms is operational from October, 2010

Metro Projects : Developing 3 metro rail projects in Mumbai and Delhi with a total stretch of 66 kms, having 45 stations and project outlay of around Rs 16,000 crore

o Delhi Metro (23 kms & 6 stations) : Started commercial operation in February 2011 - Project completed in 27 months from signing of Concession Agreement in July, 2008.

o Mumbai Metro Line 1: (12 kms & 12 stations) : Received all clearances for construction; Completed 75% of civil work construction. Project is scheduled to be commissioned in Q4FY12, ahead of contractual commissioning date of August, 2012

o Mumbai Metro Line 2 (32 kms & 27 stations) : Achieved financial closure - Largest financial closure for a PPP project in the Country. Project is scheduled to be commissioned prior to contractual date of March, 2016.

Generation : Dahanu Thermal Power Plant continues to operate at PLF of over 100% from last 7 years.

Transmission: Commissioning of 1,500 kms transmission project in Maharashtra & Gujarat, the first 100% privately owned transmission line in India. Line 1 & Line 2 of the project commissioned on January, 2011 and May, 2011 respectively.

Distribution Business :

o Mumbai Distribution: MERC has lifted the tariff stay and revised tariff is being charged to the consumer, resulting in no further creation of regulatory asset. RInfra have submitted application for renewal / extension of the license.

o Delhi Distribution: Delhi High Court has issued an order asking the Delhi Electricity Regulatory Commission (DERC) to issue a fresh tariff order.

EPC : EPC Division has an order book of Rs 29,635 crore.

Buy Back : Announced buy back of Rs 1,000 crore at a maximum price of Rs 725/share. Till May 26, 2011, the Company has bought 18 lakh shares with investment of Rs 115 crore.

Reliance Infrastructure Limited

Reliance Infrastructure Ltd (RInfra) is the largest infrastructure company developing projects, through various Special Purpose Vehicles, in several high growth areas in Infrastructure sector i.e. Roads, Metro rail, Airports, Cement etc. The Company is also leading utility company having presence across the value chain of power businesses i.e. Generation, Transmission, Distribution, EPC and Trading.

The Company is developing two metro rail projects in Mumbai and operating Airport Metro Express in Delhi; awarded eleven road projects with total length of 970 kms; operate and maintain five airports in Maharashtra.

RInfra generates 940 MW of power through its five power stations; distributes power to over 5.3 million consumers in Mumbai and Delhi; developing five transmission projects including first Independent Private Transmission project in India.

RInfra also provides Engineering, Procurement and Construction (EPC) for developing power & road projects and currently have an orderbook of about Rs. 30,000 crore. (USD  6.6 billion)