Reliance Industrial Infrastructure Ltd Q2FY24; 33% rise in Profits

Reliance Industrial Infrastructure Limited is mainly engaged in the business of setting up/operating industrial infrastructure. It is a Reliance Group Company (RIL holdings 45.43%). The Company has its operations mainly in the Mumbai and the Rasayani regions of Maharashtra, Surat, and Jamnagar belts of Gujarat.

Financial Results:

Reliance Industrial Infrastructure Ltd reported Revenues for Q2FY24 of ₹14.36 Crores down from ₹16.62 Crore year on year, a fall of 13.6%.

Total Expenses for Q2FY24 of ₹16.32 Crores down from ₹18.41 Crores year on year, a fall of 11.35%.

Consolidated Net Profit of ₹2.48 Crores up 32.62% from ₹1.87 Crores in the same quarter of the previous year.

The Earnings per Share is ₹1.64, up 32.26% from ₹1.24 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.