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Reliance Infrastructure reports 26% fall in Q4 net profit

16 Apr 2019 Evaluate

Reliance Infrastructure has reported results for fourth quarter ended March 31, 2019.

The company has reported a fall of 26.38% in its net profit at Rs 1.87 crore for the quarter under review as compared to Rs 2.54 crore for the same quarter in the previous year. Total income of the company decreased by 9.33% at Rs 24.68 crore for Q4FY19 as compared Rs 27.22 crore for the corresponding quarter previous year.

For the year ended March 31, 2019, the company has reported a fall of 20.02% in its net profit at Rs 7.79 crore as compared to Rs 9.74 crore for the previous year. Total income of the company decreased marginally by 1.71% at Rs 99.81 crore for year under review as compared to Rs 101.55 crore for year ended March 31, 2018.

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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