Reliance Industrial Infrastructure Limited (“the Company”) 18-07-2024 reported its financial performance for the quarter ended June 30, 2024.

By in Business News, News

Highlights of the unaudited financial results as compared to the previous periods are as under:

CONSOLIDATED FINANCIAL PERFORMANCE

 

QUARTER’S PERFORMANCE (STANDALONE)

* Total Income is ₹ 1,843.01 Lakh as compared to ₹ 2,062.66 Lakh on Y-o-Y basis, on account of lower  utilisation of infrastructure assets.

* Net Profit is ₹ 241.27 Lakh as compared to ₹ 214.90 Lakh in Q1 FY 2023-24.  The Company continues to provide infrastructure support services which includes transportation of petroleum products and raw  water through pipelines and other support services mainly to Reliance Industries Limited.

* The Company presently does not have any expansion plans on the anvil.