Unaudited Standalone and Consolidated Financial Results of Reliance Industrial Infrastructure Limited (RIIL) for the quarter ended 30th June 2024
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Reliance Industrial Infrastructure Limited (“the Company”) 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:
CONSOLIDATED FINANCIAL PERFORMANCE
(Rs. in Lakh, except per share data)
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 oflower utilisation of infrastructure assets.
* Net Profit is Rs. 289.94 Lakh as compared to Rs. 281.71 Lakh in Q1 FY 2023-24.
STANDALONE FINANCIAL PERFORMANCE
(Rs. in Lakh, except per share data)
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.
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