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Reliance Infrastructure reports 78% jump in Q3 consolidated net profit

28 Jan 2013 Evaluate

Reliance Infrastructure has reported results for third quarter ended December 31, 2012.

The company has reported 58.57% rise in its net profit at Rs 659.37 crore for the quarter ended December 31, 2012 as compared to Rs 415.82 crore for the same quarter in the previous year. However, total income of the company has decreased by 20.53% at Rs 3698.54 crore for quarter under review as compared to Rs 4654.07 crore for the quarter ended December 31, 2011.

On the consolidated basis, the company has reported 78.28% rise in its net profit after tax, share in associates and minority interest at Rs 727.94 crore for the quarter ended December 31, 2012 as compared to Rs 408.32 crore for the same quarter in the previous year. However, total income of the company has decreased by 12.26% at Rs 5544.80 crore for quarter under review as compared to Rs 6319.56 crore for the quarter ended December 31, 2011. 

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