Home » RInfra net profit up 49percent at Rs 375 crore

RInfra net profit up 49percent at Rs 375 crore

RInfra net profit up 49percent at Rs 375 crore
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Reliance Infrastructure Ltd (RInfra) has reported a 49 per cent rise in its consolidated net profit for the December 2016 ended quarter, owing to better operational performance.

For the October-December 2016 period, Reliance Infrastructure reported a net profit of Rs 374.85 crore, 49 per cent higher than the Rs 251.50 crore reported in the same period a year ago.

Total income was lower by 2 per cent at Rs 6,625.55 crore against Rs 6,776.90 crore a year ago.

Earnings before interest, taxation, depreciation and amortisation for the quarter under review was Rs 1,990 crore against Rs 1,659 crore, higher by 20 per cent.

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