New Delhi: Reliance Industrial Infrastructure Limited on Wednesday said its standalone net profit for the three-month period ended June 30, 2016 declined 32 per cent to Rs 3.02 crore.
The company had reported a net profit of Rs 4.45 crore for the corresponding period a year ago.
Total standalone revenue of the company during the reported period declined about a per cent to Rs 26.28 crore from Rs 26.56 crore during period under review, RIIL said in a statement.
The income from product transportation service increased marginally to Rs 6.35 crore on year-on-year basis and income from IT support services improved by 5 per cent to Rs 4.75 crore during the period under review.
However, revenue of company declined in hiring construction machineries division from Rs 9.25 crore to Rs 8.79 crore on y-o-y basis.
Shares in RIIL closed 0.28 per cent higher at Rs 441.4 apiece on the BSE, whose benchmark Sensex index finished up 0.03 per cent.
New Delhi: Reliance Industrial Infrastructure Limited on Wednesday said its standalone net profit for the three-month period ended June 30, 2016 declined 32 per cent to Rs 3.02 crore.
The company had reported a net profit of Rs 4.45 crore for the corresponding period a year ago.
Total standalone revenue of the company during the reported period declined about a per cent to Rs 26.28 crore from Rs 26.56 crore during period under review, RIIL said in a statement.
The income from product transportation service increased marginally to Rs 6.35 crore on year-on-year basis and income from IT support services improved by 5 per cent to Rs 4.75 crore during the period under review.
However, revenue of company declined in hiring construction machineries division from Rs 9.25 crore to Rs 8.79 crore on y-o-y basis.
Shares in RIIL closed 0.28 per cent higher at Rs 441.4 apiece on the BSE, whose benchmark Sensex index finished up 0.03 per cent.
New Delhi: Reliance Industrial Infrastructure Limited on Wednesday said its standalone net profit for the three-month period ended June 30, 2016 declined 32 per cent to Rs 3.02 crore.
The company had reported a net profit of Rs 4.45 crore for the corresponding period a year ago.
Total standalone revenue of the company during the reported period declined about a per cent to Rs 26.28 crore from Rs 26.56 crore during period under review, RIIL said in a statement.
The income from product transportation service increased marginally to Rs 6.35 crore on year-on-year basis and income from IT support services improved by 5 per cent to Rs 4.75 crore during the period under review.
However, revenue of company declined in hiring construction machineries division from Rs 9.25 crore to Rs 8.79 crore on y-o-y basis.
Shares in RIIL closed 0.28 per cent higher at Rs 441.4 apiece on the BSE, whose benchmark Sensex index finished up 0.03 per cent.
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