Business Standard

RIIL Jun-qtr net profit up 4 pc to Rs 1.92 cr

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Press Trust of India New Delhi

Reliance Industrial Infrastructure Limited (RIIL), a Reliance Group company, today reported a 4 per cent rise in its standalone net profit at Rs 1.92 crore for the quarter ended June 30, 2018.

The company had clocked a net profit of Rs 1.84 crore during the same period a year ago, it said in a BSE filing.

The firm's total income during the quarter under review rose to Rs 24.93 crore, from Rs 24.82 crore in the April-June quarter of 2017-18.

During April-June 2018, its expenses were at Rs 21.94 crore as against Rs 22.06 crore in the year-ago quarter.

RIIL is mainly engaged in the business of setting up/ operating industrial infrastructure. It provides services like transportation of petroleum products and raw water through its pipelines, construction machinery on hire and other infrastructure support services.

 

Shares of the company today ended 1.08 per cent lower at Rs 431.35 apiece on BSE.

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First Published: Jul 11 2018 | 8:35 PM IST

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