Reliance Infrastructure on Friday reported a lack of Rs 449.13 crore within the March 2022 quarter.

The corporate had reported a consolidated internet revenue of Rs 1,611.02 crore within the corresponding quarter of FY21, a BSE submitting stated.

The entire earnings within the quarter beneath evaluate declined to Rs 4,467.61 crore from Rs 7,860.81 crore within the year-ago interval.

In FY22, the corporate reported its consolidated internet loss at Rs 938.39 crore, whereas it had posted a consolidated internet revenue of Rs 1,125.25 crore within the previous fiscal.

Whole earnings within the fiscal additionally got here right down to Rs 19,132.55 crore from Rs 20,914.89 crore in 2020-21.

It stated that in FY22, Delhi Metro Rail Company paid Rs 1,766 crore to Delhi Airport Metro Specific Ltd towards arbitration award, which was used for debt discount.

Reliance Infrastructure is without doubt one of the largest infrastructure firms, growing initiatives by way of varied Particular Objective Autos (SPVs) in a number of excessive progress sectors resembling energy, roads and metro rail within the infrastructure house and the defence sector.

Reliance Infrastructure is a serious participant in offering Engineering and Building (E&C) providers for energy, infrastructure, metro and highway initiatives.

Reliance Infrastructure by way of its SPVs has executed a portfolio of infrastructure initiatives resembling a metro rail challenge in Mumbai on Construct, Personal, Function and Switch (BOOT) foundation and 9 highway initiatives on Construct, Function and Switch (BOT) foundation.

Reliance Infrastructure additionally has presence in energy distribution enterprise.

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