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