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Reliance Industrial Infrastructure reports 11% fall in Q2 consolidated net profit

15 Oct 2020 Evaluate

Reliance Industrial Infrastructure has reported results for second quarter ended September 30, 2020.

The company has reported 15.87% fall in its net profit of Rs 1.75 crore for the quarter under review as compared to net profit of Rs 2.08 crore for the same quarter in the previous year. Total income of the company decreased by 25.14% at Rs 17.72 crore for Q2FY21 as compared Rs 23.67 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported 10.98% fall in its net profit of Rs 2.19 crore for the quarter under review as against net profit of Rs 2.46 crore for the same quarter in the previous year. Total income of the company decreased by 25.14% at Rs 17.72 crore for Q2FY21 as compared Rs 23.67 crore for the corresponding quarter previous year.

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