Reliance Industrial Infra has reported results for fourth quarter ended March 31, 2012.
The company has posted a rises of 43.55% in its net profit at Rs 6.23 crore for the quarter ended March 31, 2012 as compared to Rs 4.34 crore for the same quarter in the previous year. However total income has decreased by 12.75% at Rs 15.74 crore for quarter under review as compared to Rs 18.04 crore for the quarter ended March 31, 2011.
Reliance Industrial Infrastructure (RIIL) was founded with an objective to build and operate pipelines for transporting petroleum products. The company 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.