Reliance infra Q1 net profit down 39% to Rs 1.8 crore

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Latest News Reliance Industrial Infrastructure Ltd (RIIL) on Thursday reported a decline of 39.1 per cent in its net profit for the first quarter (Q1) of 2017-18.

The company’s net profit stood at Rs 1.84 crore for the quarter ended June 30, 2017, down from Rs 3.02 crore in the corresponding quarter of last fiscal.

According to the company, its total revenue for the quarter under review decreased by 5.6 per cent to Rs 24.82 crore from Rs 26.28 crore reported for the Q1, 2016-17.

“RIIL continues to provide infrastructure support services, namely transportation of (Read More)

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