Reliance Industrial Infrastructure Q3 net falls over 25 percent

Mumbai: Mukesh Ambani-led Reliance Industrial Infrastructure (RIIL), on Wednesday reported a 25.6 percent fall in net profit for the third quarter ended December at Rs.3.96 crore.

RIIL posted total revenues of Rs.24.9 crore in the quarter in consideration, which was 0.8 percent lower than its revenues for the same quarter a year ago.

“RIIL continues to provide infrastructure support services namely transportation of petroleum products and water through pipelines, construction machinery on hire and other support services to Reliance Industries group, with a substantial portion provided to Reliance Industries,” the company said in a statement here.