RIIL reports net profit despite a Rs 2.63 cr operating loss
Other income of Rs 5.9 cr lifted pre-tax profit to Rs 2.92 cr as expenses exceeded revenue.
Filed 14 Oct 2026, 20:03 IST · after market close · Reliance Industrial Infrastructure Ltd (RIIL)
Key takeaways
- RIIL reported consolidated net profit of Rs 2.8 cr even as its operating loss was Rs 2.63 cr.
- Other income of Rs 5.9 cr exceeded profit before tax of Rs 2.92 cr, making reported profit dependent on non-operating income.
- The results, carrying EPS of Rs 1.85, were filed after market close, so no immediate market reaction is available.
Price around the results
Operating costs overwhelmed revenue in Q2FY27
Consolidated revenue of Rs 8.35 cr did not cover expenses of Rs 10.98 cr, resulting in an operating loss of Rs 2.63 cr. The operating margin was therefore -31.5%, showing that the reported profit did not come from the core business.
Other income, not operations, produced the profit
Other income was Rs 5.9 cr, while profit before tax was Rs 2.92 cr, so non-operating income more than offset the operating loss. Interest was nil and depreciation was Rs 0.35 cr, while tax was only Rs 0.12 cr, or 4.11% of pre-tax profit. Net profit consequently stood at Rs 2.8 cr despite the operating deficit.
Results were filed after the market closed
RIIL filed its consolidated results at 20:03 IST on 14 October 2026, after market close. There is therefore no post-result stock reaction to assess yet.
Q2FY27 at a glance
Consolidated figures as filed with NSE — filed ahead of third-party databases, not yet independently cross-checked.
| Line item | Q2FY27 |
|---|---|
| Revenue | ₹8 cr |
| Other income | ₹6 cr |
| Expenses | ₹11 cr |
| Operating profit | ₹-3 cr |
| Operating margin (%) | -31.50% |
| Interest | ₹0 cr |
| Depreciation | ₹0 cr |
| Profit before tax | ₹3 cr |
| Tax | ₹0 cr |
| Net profit | ₹3 cr |
| EPS (₹) | ₹1.85 |
What to watch
- Whether revenue improves from Rs 8.35 cr while expenses remain below revenue.
- Whether operating margin moves above -31.5%.
- Whether reported profit continues to rely on other income of Rs 5.9 cr.