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Reliance Infra’s Q1 consolidated net rises by 7%

14 Sep 2016 Evaluate

Reliance Infrastructure has reported results for first quarter ended June 30, 2016.

The company has registered 7.66% rise in its net profit at Rs 397.23 crore for the quarter as compared to Rs 368.95 crore for the same quarter in the previous year. Total income of the company increased by 5.48% at Rs 3203.71 crore for quarter under review as compared to Rs 3037.13 crore for the quarter ended June 30, 2015.

On the consolidated basis, the company has registered 7.22% jump in its net profit after taxes, minority interest and share of profit of associates at Rs 438.80 crore for the quarter ended June 30, 2016 as compared to Rs 409.27 crore for the same quarter in the previous year. Total Income of the company increased marginally by 3.62% to Rs 7813.54 crore for quarter under review from Rs 7540.43 crore for the quarter ended June 30, 2015.

Peers
Company Name CMP
NTPC 333.30
Tata Power 365.00
Adani Power 209.85
Power Grid Corpn. 269.10
Adani Energy Solut. 1373.75
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