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Reliance Infrastructure reports 49% fall in Q2 consolidated net profit

Reliance Infrastructure has reported results for second quarter ended September 30, 2018.

The company has reported a fall of 65.66% in its net profit at Rs 204.31 crore for the quarter under review as compared to Rs 595.03 crore for the same quarter in the previous year. However, total income of the company increased by 73.42% at Rs 1,355.56 crore for Q2FY19 as compared Rs 781.65 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a fall of 49.03% in its net profit at Rs 277.19 crore for the quarter under review as compared to Rs 543.81 crore for the same quarter in the previous year. However, total income of the company increased by 22.18% at Rs 7,207.32 crore for Q2FY19 as compared Rs 5,898.76 crore for the corresponding quarter previous year.

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