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Reliance Infrastructure reports 11% rise in Q2 consolidated net profit

12 Nov 2013 Evaluate

Reliance Infrastructure has reported results for the second quarter ended September 30, 2013.

The company has reported 16.49% fall in its net profit at Rs 345.82 crore for the quarter as compared to Rs 414.13 crore for the same quarter in the previous year. Total income of the company has decreased by 18.56% at Rs 3132.15 crore for quarter under review as compared to Rs 3845.89 crore for the quarter ended September 30, 2012.

On the consolidated basis, the group has registered a growth of 11.73% in net profit after taxes and minority interest of Rs 426.60 crore as compared to Rs 381.81 crore in the same quarter previous year. However, total income of the group has decreased by 9.04% to Rs 5273.4 crore for quarter under review as against Rs 5797.62 crore in corresponding quarter previous year.

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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