Reliance Industrial Infrastructure Ltd net up 3 pc in Q1

New Delhi, Jul 18 (UNI) RIL group company Reliance Industrial Infrastructure Limited on Thursday reported a nominal 3 percent jump in net profit at Rs 289.94 lakh in the first quarter (April-June) of the current financial year as against Rs 281.71 lakh in the same quarter of last year.

Total income from operations decline 11 percent to Rs 1,843.01 lakh in April-June quarter over Rs 2,062.66 lakh in same quarter of of last fiscal, the company said in a statement.

According to RIIL, total income from operations reduced on account of lower utilisation of infrastructure assets.

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 also said that at present it does not have any expansion plans on the anvil.

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