Reliance Industrial Infrastructure Limited (RIIL) has unveiled its financial performance for the fourth quarter of the fiscal year and has declared a dividend of ₹3.50 per equity share for the financial year ending on March 31, 2025. This announcement is poised for approval at the upcoming 37th Annual General Meeting of the shareholders.

Dividend Announcement Details

In a recent regulatory disclosure, RIIL’s Board of Directors recommended a dividend of ₹3.50 for each fully paid equity share with a face value of ₹10. This translates to a total payout of approximately ₹528.5 lakh for the fiscal year concluded on March 31, 2025. The final decision will be made during the shareholders’ meeting.

Financial Performance Overview

In terms of financial metrics, RIIL experienced a 13.28% decline in profit, reporting a net income of ₹3.20 crore for the fourth quarter of FY25, compared to ₹3.69 crore in the same quarter of FY24. The company’s revenue from operations also took a hit, dropping by 13.92% to ₹12.49 crore, down from ₹14.51 crore in the previous year. Additionally, total income fell to ₹18.94 crore, down from ₹20.70 crore year-over-year, primarily due to reduced utilization of infrastructure assets.

Infrastructure Services Provided

RIIL remains dedicated to delivering essential infrastructure support services, which include the transportation of petroleum products and raw water through pipelines. These services are primarily directed towards Reliance Industries Limited. At this time, the company has no immediate plans for expansion.

Stock Performance Update

As of 1:15 PM today, RIIL shares saw a modest increase of 0.8%, trading at ₹846.10.

This latest update from RIIL is crucial for investors and stakeholders as they navigate the company’s financial landscape and future prospects. For further insights into market trends and company performance, explore our related articles.