Reliance Infra reports 75% rise in Q1 net profit

11 Aug 2011 Evaluate

Reliance Infrastructure has reported unaudited results for the first quarter ended June 30, 2011.

The company’s net profit after tax for the quarter ended June 30, 2011 rose by 74.82% at Rs 430.49 crore as compared to Rs 246.25 crore for the corresponding quarter last year. Its total income increased 59.12% at Rs 3769.97 crore for the quarter under review from Rs 2369.43 crore for the same quarter last year.

On consolidated basis, the Group has posted a rise of 8.02% in its net profit after tax, share in associates and Minority Interest at Rs 405.39 crore as compared to Rs 375.29 crore for the quarter ended June 30, 2010. Its total Income has increased by 34.54% at Rs 5319.51 crore for the quarter under review as compared to Rs 3953.80 crore for the similar quarter of the previous year.

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