Reliance Infrastructure (R-Infra) has reported a 7.2 per cent rise in its net profit for the April-June quarter, on the back of lower expenses. The company reported a consolidated net profit of Rs 439 crore, against Rs 409 crore reported a year ago. Total income from operations were 2.78 per cent higher at Rs 7,098.6 crore against Rs 6,907 crore reported in the correspondent quarter a year back. Total expenses for the company were lower at Rs 6,215 crore against Rs 6,252 crore a year ago.
R-Infra reported an income of Rs 6,002 crore from the power distribution and transmission business, the highest contributor to its total operating income. Income from its engineering, procurement and contracts (EPC) business declined to Rs 719 crore from Rs 1,065 crore a year ago.
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