MoneyWorks4Me

Reliance Infrastructure reports 6% rise in Q2 consolidated net profit

06 Nov 2012 Evaluate

Reliance Infrastructure has reported results for second quarter ended September 30, 2012.

The company has reported 16.46% fall in its net profit at Rs 414.13 crore for the quarter ended September 30, 2012 as compared to Rs 495.74 crore for the same quarter in the previous year. Total income of the company has decreased by 5.98% at Rs 3845.89 crore for quarter under review as compared to Rs 4090.63 crore for the quarter ended September 30, 2011.

On consolidated basis, the company has posted 5.58% jump in its net profit after taxes, minority interest and share of profit of associates at Rs 381.81 crore for the quarter ended September 30, 2012 as compared to Rs 361.63 crore for the same quarter in the previous year. However, group’s total income has decreased marginally by 0.99% at Rs 5797.62 crore for quarter under review as compared to Rs 5855.34 crore for the quarter ended September 30, 2011.

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
View more..