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Reliance Infrastructure reports 24% fall in Q1 consolidated net profit

03 Aug 2017 Evaluate

Reliance Infrastructure has reported results for first quarter ended June 30, 2017.

The company has reported 5.04% rise in its net profit at Rs 417.26 crore for the quarter under review as compared to Rs 397.23 crore for the same quarter in the previous year. The total income of the company increased marginally by 0.08% at Rs 3206.29 crore for Q1FY18 as compared Rs 3203.71 crore for the corresponding quarter previous year.

On consolidate basis, the company has reported 23.84% fall in its net profit at Rs 334.17 crore for the quarter ended June 30, 2017 as compared to Rs 438.80 crore for the corresponding quarter in the FY17. However, total consolidated income of the company increased by 4.85% at Rs 8085.50 crore for quarter under review as compared to Rs 7711.71 crore for the same quarter in the previous year.


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