Reliance Industrial Infrastructure Oct-Dec quarter net profit up nearly 5 pc

Infrastructure

Reliance Industrial Infrastructure (RIIL) today reported a 4.84 per cent increase in net profit at Rs 6.28 crore for the quarter ended December 31, 2012.

RIIL, a Mukesh Ambani-owned Reliance Group company engaged in the business of setting up industrial infrastructure, had clocked Rs 5.99 crore net profit during the October-December quarter of the last fiscal, it said in a BSE filing.

Income from operations of the company rose to Rs 20.83 crore from Rs 15.15 crore a year ago. Shares of RIIL today settled at Rs 476.20 apiece, up 1.37 per cent in the BSE over their previous closing.

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