Reliance Infrastructure shares rebounded sharply to ₹125.80, up 4% (+₹4.82) on Thursday, after hitting a 5% intraday decline last week. The bounce comes amid a broader rally in small-cap stocks, fueled by optimism surrounding the recently announced India-US trade deal. The company posted a consolidated net profit of ₹11.2 crore in Q3FY26, a turnaround from a loss of ₹3,298 crore in the same quarter last year. Revenue fell 14.6% year-on-year to ₹4,297 crore, while EBITDA dropped 52% to ₹429 crore. The EBITDA margin narrowed to 10% from 17.8%, highlighting operating efficiency and cost pressure concerns.
In the Q2 results , Reliance Infrastructure reported a 50% decline in consolidated net profit to ₹1,911.19 crore for the September quarter, compared with ₹4,082.53 crore in the same period last year. Total income fell to ₹6,309.48 crore from ₹7,345.96 crore in the July–September quarter of FY25.
Over the past six months, Reliance Infrastructure shares have fallen nearly 60%, though they have delivered strong gains of over 497% in the last five years. The stock’s 52-week high is ₹425, and the low ₹127.95. Market analysts noted that investor sentiment in mid- and small-cap stocks improved sharply today, with the India-US trade deal providing the boost for a strong recovery after initial selling pressure.