Reliance Industrial Infrastructure Q1 net profit declines 8.4% to Rs 2.84 crore on lower contract income
New Delhi, July 15 -- Reliance Industrial Infrastructure Limited (RIIL) on Wednesday reported a decline in both its net profit and revenue for the quarter ended June 30, as the completion of certain fixed-term contracts weighed on revenue during the period.
The company posted a consolidated net profit of Rs 2.84 crore for the first quarter of FY2026-27, down 8.4 per cent from Rs 3.10 crore reported in the corresponding quarter of the previous financial year. On a sequential basis, net profit rose from Rs 2.06 crore in the January-March quarter.
Consolidated total income declined 18.4 per cent year-on-year to Rs 14.92 crore, compared with Rs 18.28 crore in the year-ago period. However, it increased from Rs 13.72 crore recorded in the pre...
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