Reliance Infra Q3 profit up 18% at Rs 346 crore
New Delhi: Reliance Infrastructure (RInfra) on Friday reported a 18 per cent rise in its consolidated net profit at Rs 345.51 crore for the quarter ended December 31, 2019.
The Anil Ambani-led company had clocked a net profit of Rs 293.77 crore for the corresponding quarter of the previous fiscal, it said in a regulatory filing to the BSE.
Its consolidated total income during the quarter was almost stagnant at Rs 4,527.37 crore as against Rs 4,534.42 crore in the year-ago quarter.
The firm’s total expenses increased to Rs 4,888.79 crore, as against Rs 4,772.46 crore a year ago.
About the operational highlights for the October-December 2019 quarter, the company in a statement said it has added over 55,000 new households in Delhi discoms with the number of total households reaching 43.5 lakh.
