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Reliance Industrial Infra reports 8% fall in Q2 net profit

11 Oct 2014 Evaluate

Reliance Industrial Infrastructure (RIIL) has reported results for second quarter ended September 30, 2014.

The company has registered 7.97% fall in its net profit at Rs 5.43 crore for the quarter under review as compared to Rs 5.90 crore for the same quarter in the previous year. However, total income from operation of the company has increased 14.88% at Rs 23.78 crore for Q2FY15 as compared Rs 20.70 crore for the corresponding quarter previous year.

RIIL is part of the Mukesh Ambani-led Reliance Industries (RIL) Group. The company has operational presence in Mumbai, Rasayani regions of Maharashtra, Surat, and Jamnagar belts of Gujarat. RIIL is in the business of infrastructure and leasing activity.

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