RELINFRA

Reliance Infrastructure Expands Aviation, Defence & Debt Cleanup

🤝 Partnering with Dassault via Reliance Aerostructure JV to assemble Falcon 2000 business jets in Nagpur, aiming for first Made‑in‑India delivery by 2028—boosting investor optimism. 🧭 Stepping up in defence: developing next‑gen 155 mm artillery shells under DRDO’s program and signing a ₹10,000 crore deal with Germany’s Diehl to produce Vulcano precision ammunition domestically. 💳 Parent of JR Toll Road repaid ₹273 crore to Yes Bank in June 2025, significantly reducing debt and improving its financial position. 🚀 Key Highlights: Stand-alone debt fully cleared By the end of FY25 (March 31), Reliance Infra eliminated ₹3,300 crore in standalone net debt to banks and financial institutions, achieving zero debt status on that front. Strong Q4 FY25 profitability The company swung to a net profit of ₹4,387 crore in Q4 FY25, a significant turnaround supported by cost savings and improved operational efficiency. Debt repayment builds confidence JR Toll Road Pvt Ltd, a wholly-owned subsidiary, repaid a ₹273 crore loan to Yes Bank in June 2025, further strengthening the firm’s financial health and improving investor sentiment. Expansion in defence and aviation The Reliance Aerostructure JV with Dassault is set to assemble Falcon 2000 business jets in Nagpur, with first deliveries expected by 2028. In defence, the company is producing next-gen 155 mm artillery shells and has signed a ₹10,000 crore deal with a German partner to manufacture Vulcano precision ammunition in India. Legal stay boosts stability Insolvency proceedings were stayed in June 2025, removing a major overhang. The stock has delivered strong gains year-to-date, adding to its long-term turnaround narrative.