Even though the sword of SEBI and SECI is hanging over Anil Ambani, the condition of his companies is improving rapidly. This means that they are definitely under the clouds of trouble, yet their stars are not at all in the right direction. Now look at this news, one of his companies has earned a profit of more than Rs 4000 crore in just 3 months.
Here we are talking about Reliance Infrastructure Limited, one of the major companies of Reliance Anil Dhirubhai Ambani Group. The company's profit in the July-September quarter of the current financial year 2024-25 has been Rs 4,082 crore. Whereas in the same quarter last year the company had given a loss of Rs 294.04 crore.
According to the financial statement of Reliance Infrastructure, the company has settled its debt burden during this period. Also, he has received Rs 80.97 crore in an arbitration case. Due to this his profit has increased. Apart from this, the total income of the company has declined marginally during this period. It remained at Rs 7,345.96 crore, which was Rs 7,373.49 crore in the same quarter last year.
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The company's expenses have also decreased in July-September. It has come down to Rs 6,450.38 crore, which was Rs 7,100.66 crore in the same quarter a year ago. Anil Ambani's company Reliance Infrastructure is in the business of providing engineering and construction (E&C) services for power, roads, metro rail and other infrastructure sectors.
Here, the sword of SEBI and SECI is still hanging over Anil Ambani. Market regulator 'Securities Exchange Board of India' (SEBI) has banned them from trading. At the same time, the government company Solar Energy Corporation of India (SECI) has banned their power distribution company Reliance NU BSES.
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