Total Income of Reliance Industrial Infrastructure Limited is Rs 1,843.01 Lakh as compared to Rs 2,062.66 Lakh on Y-o-Y basis, on account of lower utilisation of infrastructure assets
FinTech BizNews Service
Mumbai, July 18, 2024: Reliance Industrial Infrastructure Limited (RIIL) today reported its financial performance for the quarter ended June 30, 2024.
Highlights of the unaudited financial results as compared to the previous periods are as under:
QUARTER’S PERFORMANCE (CONSOLIDATED)
Total Income is Rs 1,843.01 Lakh as compared to Rs 2,062.66 Lakh on Y-o-Y basis, on account of lower utilisation of infrastructure assets. Net Profit is Rs 289.94 Lakh as compared to Rs 281.71 Lakh in Q1 FY 2023-24.
QUARTER’S PERFORMANCE (STANDALONE)
Total Income is Rs 1,843.01 Lakh as compared to Rs 2,062.66 Lakh on Y-o-Y basis, on account of lower utilisation of infrastructure assets. Net Profit is Rs 241.27 Lakh as compared to Rs 214.90 Lakh in Q1 FY 2023-24.
The Company continues to provide infrastructure support services which includes transportation of petroleum products and raw water through pipelines and other support services mainly to Reliance Industries Limited. The Company presently does not have any expansion plans on the anvil.
