Published on 13/01/2018 10:10:43 AM | Source: IANS

RIIL`s Q3 net profit marginally down 1.5%

Posted in | #Reliance Industrial Infrastructure Ltd #Infrastructure Sector #Stock Market #Quarterly Result


 Reliance Industrial Infrastructure Ltd (RIIL) on Friday reported a marginal decline of 1.5 per cent in its net profit for the third quarter (Q3) ended December 31, 2017-18.

The company said its net profit during the quarter under review stood at Rs 2.67 crore -- down 1.5 per cent -- as compared to Rs 2.71 crore reported during Q3 2016-17.

According to the company, its total income from operations during the quarter fell by 8.1 per cent to Rs 21.13 crore from the reported Rs 22.98 crore during the corresponding period of last year.

"During the quarter ended December 31, 2017, RIIL achieved total revenue of Rs 25.71 crore as compared to Rs 23.80 lakh in the previous quarter of 2017-18," the company said in a statement.