Reliance Industrial Infrastructure Ltd (RIIL) Q4 profit up 19.3%

Mumbai: Reliance Industrial Infrastructure Ltd (RIIL) on Wednesday reported a rise of 19.3 per cent in its consolidated net profit for the fourth quarter (Q4) of financial year 2019-20.

The company’s net profit during the quarter under review increased to Rs 2.68 crore from Rs 2.25 crore in the corresponding period of the previous fiscal.

However, the company’s total income during Q4 fell to Rs 23.33 crore from Rs 24.67 crore on a Y-o-Y basis.

For the full fiscal 2019-20, the company’s net profit rose by 4.2 per cent to Rs 9.70 crore, from Rs 9.31 crore reported for 2018-19. On a standalone basis, RIIL’s Q4 net profit rose by 9.6 per cent to Rs 2.05 crore from Rs 1.87 crore reported for the corresponding period of the previous fiscal.

In terms of the full fiscal 2019-20, the company’s standalone net profit rose by 1.8 per cent to Rs 7.92 crore, from Rs 7.79 crore reported for 2018-19. (Agencies)

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