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Reliance Industrial Infrastructure reports 41% fall in Q1 consolidated net profit

21 Jul 2022 Evaluate

Reliance Industrial Infrastructure has reported results for first quarter ended June 30, 2022.

The company has reported a fall of 37.43% in its net profit at Rs 1.12 crore for the quarter under review as compared to Rs 1.79 crore for the same quarter in the previous year. Total income of the company decreased by 7.28% at Rs 18.33 crore for Q1FY23 as compared Rs 19.77 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a fall of 41.25% in its net profit at Rs 1.41 crore for the quarter under review as compared to Rs 2.40 crore for the same quarter in the previous year. Total income of the company decreased by 7.28% at Rs 18.33 crore for Q1FY23 as compared Rs 19.77 crore for the corresponding quarter previous year.

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