OREANDA-NEWS. January 29, 2013. Reliance Infrastructure Limited (RInfra) announced its un-audited financial results for the quarter ended December 31, 2012. The highlights are:

Consolidated - Quarter ended December 31, 2012

• Total Operating Income of ' 5,296 crore (USD 963 million), against '6,160crore in the corresponding quarter of previous year

• Net Profit of ' 728 crore (USD 132 million), against ' 408 crore in the corresponding quarter of previous year, an increase of 78%

• Cash Profit of ' 896 crore (USD 163 million), against ' 557 crore in the corresponding quarter of previous year, an increase of 61%

• Earnings Per Share (EPS) of ' 28 against ' 16 in the corresponding quarter of previous year, an increase of 78%

On Consolidated basis, the net worth of the Company stood at ' 26,156 crore (USD 4.8 billion) and book value per share at ' 995 as on December 31, 2012. The Company is conservatively financed with debt to

equity ratio of 0.72 as on December 31, 2012.

Key Business Highlights

- Distribution Business : Largest private sector distributor of power to over 60 lakhs customers

o Mumbai Distribution:

> Number of customers added : ~19,150 in Q3FY13; Total number : 28.7 lakhs

> Appellate Tribunal on Electricity (ATE) recognized & rejected Tata Power appeal challenging MERC order of cherry picking of high end customers by Tata Power

> ATE also upheld MERC order of levying Cross Subsidy Surcharge on changed over customers relieving RInfra consumers from tariff shock

o Delhi Distribution:

> Number of customers added : ~42,600 in Q3FY13; Total number of customers : 31.7 lakhs

> Implemented tariff hike wef July 1, 2012 as per DERC order including Regulatory Assets recovery and Power Purchase Adjustment Charges

- Transmission : Largest private sector player in the sector with total project outlay of ' 6,600 crore

o Mumbai Strengthening Transmission project : 8 Extra High Voltage (EHV) station charged till date

o WRSS project (1,500 km in Gujarat & Maharashtra) : 6 out of 9 lines are revenue generating;

project to be operational within 2013

o Parbati Koldam : Construction happening at rapid pace; project to be operational within 2013

- Generation :

o Generated 1,334 million units in Q3FY13

o Dahanu Power plant continues to run at 100% PLF from last 7 years

- EPC :

o EPC revenue of ' 1,841 crore for the quarter

o Order book of ' 12,145 crore as on December 31, 2012

- Road Projects : Operating / Developing 11 road projects of ~1,000 kms worth ~' 12,000 crore

o Earned revenue of ' 153 crore in Q3FY13 - An increase of over 80%

o Delhi Agra toll road of six laning - 8th road project becomes revenue operational

o 10 projects will be revenue operational within FY13

- Metro Projects : Operating / Developing metro rail projects in Mumbai and Delhi

o Reliance Metro Airport Link in Delhi (23 kms & 6 Stations):

> Metro line recommences commercial operations after obtaining clearance from Commissioner Metro Rail Safety (CMRS)

> Train frequency : 18 hrs/ day at a interval of 15 mins

> Commuter centric facilities like Trolley & Porter, Radio-cab, Wi-fi facilities, etc available a

o Reliance Metro Line I in Mumbai (12 kms & 12 stations):

> ~99% of civil work is completed - Steel bridge over Western Railways at Andheri completed; Cable stayed bridge on Western Express Highway completed

- Cement : Developing two plants of 5 million tons each in Maharashtra and Madhya Pradesh (MP)

o Cement bag commercially launched from Butibori plant in Maharashtra o Maihar unit in Madhya Pradesh is on fast track and slated to commissioned in 2013

- Strategic Partnership : Announced strategic long term partnership with Wanda group of China for real estate development in Hyderabad

Reliance Infrastructure Ltd (RInfra) is the largest infrastructure company developing projects, through various Special Purpose Vehicles, in several high growth areas in the Infrastructure sector i.e. Roads, Metro Rail, Airports & Cement. The Company is also leading utility company having presence across the value chain of power businesses i.e. Generation, Transmission, Distribution, Trading and EPC.

The Company is developing two metro rail projects in Mumbai and operating Airport Metro Express in Delhi; awarded eleven road projects with total length of 1,000 kms; operating & maintaining five airports in Maharashtra and developing 2 cement plants of 5 Mn tons each in Maharashtra and Madhya Pradesh.

RInfra generates 940 MW of power through its five power stations; distributes power to over 60 lakhs consumers in Mumbai and Delhi; developing five transmission projects including first Independent Private Transmission project in India.

RInfra also provides Engineering, Procurement & Construction (EPC) for developing power & road projects.