Reliance Infra Board Approves Q3 FY26 Results; Auditors Flag Concerns
Reliance Infrastructure Limited approved Q3 FY26 results on January 31, 2026. The company is addressing a resignation notice from its statutory auditors, M/s Chaturvedi & Shah LLP, deeming their reasons invalid. The unaudited consolidated results for nine months ended Dec 31, 2025, reported total income of ₹16,707.69 crore and a net profit of ₹1,982.16 crore.
The auditor's concerns about financial reporting and the ongoing dispute regarding their resignation could impact investor confidence and the company's regulatory standing. While financial results are presented, the auditor's qualified review introduces a significant element of uncertainty.
The announcement includes the approval of quarterly results, which is routine. However, the significant concerns raised by the auditors regarding financial reporting and the potential resignation create uncertainty, balancing out any positive aspects of the financial results.
Reliance Infrastructure Limited announced the outcome of its Board Meeting held on January 31, 2026, where the unaudited financial results (Consolidated and Standalone) for the quarter and nine months ended December 31, 2025, were approved. The company will publish these results in newspapers as per regulations.
Separately, the Board deliberated on the resignation notice from Statutory Auditors, M/s Chaturvedi & Shah LLP. The Audit Committee noted that the reasons cited by the auditors for resignation were incorrect and legally untenable. The auditors have offered to continue until the completion of the financial year 2025-26 audit. The Audit Committee advised the company to take appropriate legal steps.
The company's consolidated financial results for the nine months ended December 31, 2025, show total income of ₹16,707.69 crore. The net profit for the nine months attributable to owners of the parent was ₹1,982.16 crore. The results also include significant adjustments related to a Scheme of Arrangement with Reliance Velocity Limited and other operational matters impacting various subsidiaries.
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Reliance Infrastructure Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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