Reliance Industrial Infrastructure Ltd (RIIL) on Wednesday announced its fiscal third quarter earnings with standalone profit at Rs 2.48 crore, posting a decline of 8.15 per cent on-year in comparison to Rs 2.70 crore recorded during the third quarter of FY24. It posted revenue from operations at Rs 12.36 crore, down 17.27 per cent as against Rs 14.94 crore during the same period of previous financial year.
On a consolidated level, Reliance Industrial Infrastructure posted Q3 profit at Rs 2.74 crore from Rs 3.62 crore posted during Q3FY24. The income for the quarter in review came in at Rs 18.60 crore, down from Rs 20.52 crore during the same period last year, on account of lower utilisation of infrastructure assets.
In a regulatory filing, the company said that it continues to provide infrastructure support services which include 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,” it said.
See insights and ads
Like
Comment
Send
Share
