Reliance Industrial Infrastructure Limited (“the Company”) today reported its financial performance for the quarter ended December 31, 2023.

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

QUARTER’S PERFORMANCE (CONSOLIDATED)
Total Income is ₹ 2,052.38 Lakh as compared to ₹ 2,060.14 Lakh on Y-o-Y basis.
*Income from Product Transportation Service, Other Support Services and Hiring Construction  Machineries is ₹ 1,494.64 Lakh as compared to ₹1,727.55 Lakh of Q3 FY 2022-23. This is in line with the  actual utilization of assets.
* Other Income increased to ₹ 557.74 Lakh from ₹ 332.59 Lakh. Net Profit increased to ₹ 363.23 Lakh from ₹ 235.67 Lakh.

QUARTER’S PERFORMANCE (STANDALONE)
Total Income is ₹ 2,052.38 Lakh as compared to ₹ 2,060.14 Lakh on Y-o-Y basis.
* Income from Product Transportation Service, Other Support Services and Hiring Construction  Machineries is ₹ 1,494.64 Lakh as compared to ₹1,727.55 Lakh of Q3 FY 2022-23. This is in line with the  actual utilization of assets.
*Other Income increased to ₹ 557.74 Lakh from ₹ 332.59 Lakh.

Net Profit increased to ₹ 271.42 Lakh from ₹ 190.43 Lakh.

The Company continues to provide infrastructure support services namely transportation of petroleum  products and raw water through pipelines, construction machinery on hire and other support services to  Reliance Industries Group, with a substantial portion provided to Reliance Industries Limited.

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