Friday, 7 February 2014

Reliance Infrastructure reports over 38% fall in Q3 consolidated net profit

Reliance Infrastructure has reported results for third quarter ended December 31, 2013.

The company has reported 44.15% fall in its net profit at Rs 368.23 crore for the quarter as compared to Rs 659.37 crore for the same quarter in the previous year. Total income of the company has decreased by 24.41% at Rs 2838.96 crore for quarter under review as compared to Rs 3756.02 crore for the quarter ended December 31, 2012.

On the consolidated basis, the group has reported 38.12% fall in its net profit after taxes, minority interest of Rs 450.45 crore for the quarter ended December 31, 2013 as compared to Rs 727.94 crore for the same quarter in the previous year. Total income of the group has decreased by 24.70% at Rs 4218.41 crore for quarter under review as compared to Rs 5602.28 crore for the quarter ended December 31, 2012.

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