Monday, November 29, 1999

RIIL Q1 net profit up 27%

News posted by www.newsinfoline.com

Mukesh Ambani-led Reliance Industrial Infrastructure Ltd reported a nearly 27 jump in net profit to Rs 6.47 crore for the first quarter ended June 30.The company had a net profit of Rs 5.10 crore in the corresponding quarter last fiscal, Reliance Industrial Infrastructure Ltd said in a filing to the Bombay Stock Exchange.The company, however, reported a decline of 8.79 per cent in total income for the quarter at Rs 12.45 crore, against Rs 13.65 crore in the year-ago period.The Reliance Industries Ltd group company is mainly engaged in infrastructure activity.

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