The Anil Ambani-led infrastructure major had clocked a net profit of Rs 251.50 crore in the same quarter of 2015-16.
Its total operating income during the quarter under review stood at Rs 5,815.69 crore as against Rs 6,199.48 crore.
Total expenditure increased to Rs 5,775.23 crore during the period as against the earlier Rs 5,407.82 crore.
"As on December 31, 2016, the consolidated net worth of the company stood at Rs 31,616 crore with debt to equity of 0.93x," R-Infra said in a statement.
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The company said, "Discussions are in advanced stage with PSP Investments of Canada for 49 per cent stake sale in Mumbai power business."
On Delhi distribution, it said it has added 45,000 new consumers in the quarter with the total number of consumers coming in at 38.8 lakh and activated over 200 rooftop solar net metering connections with sanctioned load of 7,000 kw.
About EPC business, it said the order has hit Rs 5,540 crore in the December quarter with a revenue of Rs 753 crore.
The company won an "EPC contract for setting up 2x250 MW thermal power plants worth Rs 3,675 crore in Rajasthan from Neyveli Lignite Corporation and is targeting opportunities worth Rs 2 lakh crore planned by the government across power, roads, railways, defence, ports and mega infrastructure projects".
It said all 11 road projects of 1,000 kms are now revenue generating.
It said it is the first NHAI concessionaire to go cashless at all its toll plazas across the country.
About its Defence Manufacturing Business, RInfra said
Reliance Aerostructure Ltd (51 per cent), promoted by it and Dassault Aviation (49 per cent) formed a JV named "Dassault Reliance Aerospace Ltd" which has received CCI clearance.
"JV will play a major role in executing largest ever offset contract in India worth Rs 30,000 crore for 36 Rafale fighter jets," it said.
It said it is the only shipyard in India selected by US Navy to repair it's ship in Indian Ocean Region and has submitted bids and expressed interest in various naval programmes worth Rs 38,000 crore.
Elaborating other key partnerships, it said it has entered into a JV with Rafael Advanced Systems Ltd (Israel) to focus on Air Defence Systems including Missiles and Large Aerostats which has opportunity worth Rs 65,000 crore over next 10 years.
RInfra said it has obtained 27 industrial licenses for missiles, ammunition, land, naval systems, helicopters, etc.
RInfra is one of the largest infrastructure companies, developing projects through various Special Purpose Vehicles (SPVs) in several high growth sectors such as Power, Roads and Metro Rail in the Infrastructure space and the Defence sector.
Shares of the company closed at Rs 535.45 apiece on the BSE, down 1.23 per cent from the previous close.