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Reliance Infrastructure reports 8% rise in Q3 consolidated net profit

06 Feb 2019 Evaluate

Reliance Infrastructure has reported results for third quarter ended December 31, 2018.

The company has reported a rise of 17.03% in its net profit at Rs 374.31 crore for the quarter under review as compared to Rs 319.85 crore for the same quarter in the previous year. However, total income of the company decreased by 11.25% at Rs 632.77 crore for Q3FY19 as compared Rs 713.02 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 7.92% in its net profit at Rs 325.26 crore for the quarter under review as compared to Rs 301.38 crore for the same quarter in the previous year. However, total income of the company decreased marginally by 0.33% at Rs 4560.52 crore for Q3FY19 as compared Rs 4575.52 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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