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Reliance Infrastructure reports 19% fall in Q1 consolidated net profit

02 Aug 2018 Evaluate

Reliance Infrastructure has reported results for first quarter ended June 30, 2018.

The company has reported a fall of 13.06% in its net profit of Rs 362.75 crore for the quarter under review as compared to Rs 417.26 crore for the same quarter in the previous year. Total income of the company decreased by 5.08% at Rs 3,012.10 crore for Q1FY19 as compared Rs 3,173.40 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a fall of 18.70% in its net profit of Rs 271.68 crore for the quarter under review as compared to Rs 334.17 crore for the same quarter in the previous year. However, total consolidated income of the company increased marginally by 0.89% at Rs 8,227.35 crore for Q1FY19 as compared Rs 8,155.05 crore for the corresponding quarter previous year.

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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