Reliance Infrastructure (RIL) has reported results for first quarter ended June 30, 2014.
The company’s net profit for the quarter declined by 14.10% at Rs 321.47 crore as compared to Rs 374.23 crore for the quarter ended June 30, 2013. Its total income has decreased by 18.41% to Rs 2931.40 crore for the quarter under review from Rs 3593.04 crore for the corresponding quarter of the previous year.
On the consolidated basis, the company has reported 10.22% rise in its net profit at Rs 457.62 crore for the quarter as compared to Rs 415.20 crore for the same quarter in the previous year. However, total income has decreased by 20.84% at Rs 4548.49 crore for quarter under review as compared to Rs 5745.91 crore for the quarter ended June 30, 2013.
Towards the end of the quarter ended September 30, 2013, the Parent Company had diluted its holding in SU Toll Road Private, TD Toll Road and TK Roll Road each from 100% to 49% and in the two joint ventures, BSES Rajdhani Power and BSES Yamuna Power from 49% to 28.82%. In view of above dilution, the figures of the current quarter are not comparable with the figures for the corresponding quarter.
Company Name | CMP |
---|---|
NTPC | 355.70 |
Tata Power | 414.75 |
Power Grid Corp | 303.90 |
Adani Power | 603.10 |
Torrent Power | 1324.80 |
View more.. |