Construction & Engineering company Reliance Industrial InfraStructure announced Q1FY25 results:
Consolidated Financial Highlights:
- Total Income is Rs 1,843.01 lakh as compared to Rs 2,062.66 lakh on YoY basis, on account oflower utilisation of infrastructure assets.
- Net Profit is Rs 289.94 lakh as compared to Rs 281.71 lakh in Q1FY24.
Standalone Financial Highlights:
- Total Income is Rs 1,843.01 lakh as compared to Rs 2,062.66 lakh on YoY basis, on account of lower utilisation of infrastructure assets. Net Profit is Rs 241.27 lakh as compared to Rs 214.90 lakh in Q1FY24.
- 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.