SME Times is powered by   
Search News
Just in:   • Arun Jaitley passes away  • Samsung Galaxy M30s with 48MP camera in India next month  • 100 plus consultations held on RCEP in 6 years  • Johnson, Trump speak ahead of G7  • Facebook downplayed Cambridge Analytica data scandal 
Last updated: 13 Aug, 2019  

Reliance.Infrastructure.9.Thmb.jpg RInfra's Q1 consolidated net profit rises 211%

Reliance.Infrastructure.9.jpg
   Top Stories
» Arun Jaitley passes away
» Spectacular opening to WorldSkills Kazan 2019
» MSMEs, startups get relief as Govt announces support measures
» Amid FPI sell-off govt withdraws enhanced surcharge
» Exporters hail initiatives to propel economy
SME Times News Bureau | 13 Aug, 2019
Reliance Infrastructure (RInfra) on Tuesday reported a year-on-year rise of 211 per cent in its consolidated net profit for the first quarter of 2019-20.

According to the company, its consolidated net profit during the quarter under review increased to Rs 299 crore from Rs 96 crore in Q1 FY19.

Besides, RInfra reported a year-on-year rise of 5.7 per cent in its consolidated total income for the quarter under review to Rs 6,080 crore from Rs 5,754 crore reported for the corresponding quarter of the previous fiscal.

Its earnings before interest, taxes, depreciation and amortisation (EBITDA) during Q1 was up 20.1 per cent to Rs 1,720 crore.

Among the key highlights of the quarter, the company added over 51,000 new households in Delhi Discoms with total households reaching 42.8 lakh.

"Appointment date fixed for the prestigious 17.7 km Rs 7,000 crore Versova-Bandra Sea Link (VBSL) project," the company said in a statement.

"Company has already completed the works for the project in partnership withAworld class contractors a" soil investigation with 'M/s Fugro Ltd. and engineering design with M/s Dar Al Handasah'."
 
Print the Page
Add to Favorite
 
Share this on :
 

Please comment on this story:
 
Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

 
  Customs Exchange Rates
Currency Import Export
US Dollar
66.20
64.50
UK Pound
87.50
84.65
Euro
78.25
75.65
Japanese Yen 58.85 56.85
As on 24 Aug, 2019
  Daily Poll
Is the Union Budget 2019 MSME-friendly?
 Yes
 No
 Can't say
  Commented Stories
» Starting an import export business: Basic guide for beginners(1)
» Calicut University Collaborates with ACCA(1)
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter