Reliance Infra Q3 results: Net profit drops 77% to Rs 80 crore

Reliance Infrastructure NSE 1.24 % (RInfra) on Monday reported 76.8 per cent decline in its consolidated net profit at Rs 80.08 crore for the quarter ended December 31, 2020.

The company had posted consolidated net profit of Rs 345.51 crore in the year-ago period, RInfra said in a filing to BSE.

The consolidated income from operations of the company during October-December period dropped to Rs 3,831.69 crore, over Rs 3,954.92 crore in the corresponding quarter of the previous fiscal, it said.

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