OREANDA-NEWS. Reliance Infrastructure Limited (Rlnfra) announced its un-audited financial results for the quarter ended December 31, 2014. The performance highlights are:

Consolidated results - Quarter ended December 31, 2014

• Q3FY15 Total Income of 4,788 crore (USD 760 million), against 4,218 crore in the corresponding previous quarter, an increase of 14%

• Q3FY15 Net Profit of 452 crore (USD 72 million) against 450 crore in the corresponding previous quarter, inspite of Mumbai Metro and Cement incurring a loss of 54 crore and 58 crore respectively in Q3FY15

As on December 31, 2014, the consolidated Networth of the Company stood at 28,619 crore and is conservatively financed with debt to equity of 0.9x

Q3FY15 TOTAL INCOME OF 4,788 CRORE (USD 760 MILLION) - AN INCREASE OF 14%

POWER BUSINESS

Distribution Business : Largest private sector distributor of power serving 64.7 lakh consumers Mumbai Distribution :

• Recovered 221 crore arrears in Q3FY15; Recovered 689 crore arrears in 9MFY15

• Recovered 51 crore Cross Subsidy Surcharge in Q3FY15

• 13,700 new consumers added in Q3FY15; Total consumers : 29.4 lakh Delhi Distribution :

• 50,400 new consumers added in Q3FY15; Total consumers : 35.3 lakh Transmission :

• WRSS project in Maharashtra is fully commissioned

• Parbati Koldam transmission project in Himachal Pradesh is commissioned

• All projects to be revenue operational shortly

Generation: Generated 1,110 million units in Q3FY15 mainly from Dahanu Thermal Power Station EPC BUSINESS: Revenue of 741 crore & Order Book of 5,705 crore as on December 31, 2014

INFRASTRUCTURE BUSINESS

Mumbai Metro:

• Initial fares implemented post favorable order by Hon'ble Bombay High Court

• Over 63 million commuters travelled in first 8 months of operations

• Around 77,800 trips completed with service efficiency of over 99%

• Return journey tokens launched for the first time in the country

• Retail and advertisement agreements for non-fare box revenue fully tied-up Roads:

• Earned revenue of 155 crore in Q3FY15 against 140 crore, an increase of 11% over corresponding quarter of previous year

• 10 out of 11 road projects are revenue generating

CEMENT BUSINESS

• Earned revenue of 158 crore in Q3FY15

• Ramping up production from 5.8 mtpa operational capacity at Maihar in Madhya Pradesh, Kundangunj in Uttar Pradesh, Butibori in Maharashtra and Durgapur in West Bengal

• Catering to key markets in Madhya Pradesh, Uttar Pradesh, Jharkhand, Bihar, West Bengal and Vidarbha region

Reliance Infrastructure Ltd (Rlnfra) is amongst the largest infrastructure companies, developing projects through various Special Purpose Vehicles (SPVs) in several high growth sectors within the infrastructure space i.e. Roads, Metro Rail and Cement.

Rlnfra is also the leading utility company having presence across the value chain of power businesses i.e. Generation, Transmission, Distribution, Power Trading.

Rlnfra through its SPVs has executed a portfolio of infrastructure projects such as a metro rail project in Mumbai on build, own, operate and transfer (BOOT) basis; eleven road projects with total length of 1,000 kms on build, operate and transfer (BOT) basis and two cement plants of capacity of five million tonnes each in Maharashtra and Madhya Pradesh of which the plant in Madhya Pradesh has commenced commercial production.

Rlnfra along with its wholly owned subsidiary company generates over 940 MW of power through its five power stations; distributes power to over 64 lakh consumers in Mumbai and Delhi. Rlnfra subsidiary companies have commissioned three transmission projects by installing eight national grid lines, being the first set of lines commissioned in lndia by the private sector.

Rlnfra also provides Engineering, Procurement and Construction (EPC) services for developing power and road projects.