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Reliance Industrial Infrastructure reports 22% fall in Q2 net profit

Reliance Industrial Infrastructure (RIIL) has reported results for second quarter ended September 30, 2018.

The company has reported 21.93% fall in its net profit at Rs 2.10 crore for the quarter under review as compared to Rs 2.69 crore for the same quarter in the previous year. However, total income of the company increased by 5.80% at Rs 25.18 crore for Q2FY19 as compared Rs 23.80 crore for the corresponding quarter previous year.

RIIL is mainly engaged in the business of setting up / operating Industrial Infrastructure. The Company is also engaged in related activities involving leasing and providing services connected with computer software and data processing.

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