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Reliance Industrial Infrastructure Q2 Results Highlights: Net profit declines 1.5% to ₹3.12 crore, revenue down 15%
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3 min read | Updated on October 11, 2024, 18:32 IST
SUMMARY
Reliance Industrial Infrastructure Q2 Results Highlights: The consolidated net profit declined 1.5% to ₹3.12 crore in the second quarter of the financial year 2024-25 (Q2 FY25) as against ₹3.17 crore in the year-ago period.
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In Q1 FY25, RIIL's consolidated income declined 13.1% to ₹12.4 crore as against ₹14.2 crore in the year-ago period.
Reliance Industrial Infrastructure Q2 Results Live Update at 6:27 pm: Total income is ₹18.36 crore as compared to ₹20.84 crore on a year-on-year basis, on account of lower utilisation of infrastructure assets.
Reliance Industrial Infrastructure Q2 Results Live Update at 6:23 pm: The consolidated revenue from operations stood at ₹12.23 crore in the latest July-September quarter, down 14.8% from ₹14.36 crore in the year-ago period5
Reliance Industrial Infrastructure Q2 Results Live Update at 6:20 pm: The consolidated net profit declined 1.5% to ₹3.12 crore in the second quarter of the financial year 2024-25 (Q2 FY25) as against ₹3.17 crore in the year-ago period.
Reliance Industrial Infrastructure Q2 Results Live Update at 5:00 pm: RIIL to announce latest second quarter earnings shortly.
Reliance Industrial Infrastructure Q2 Results Live Update at 3:32 pm: RIIL shares settled 2.8% higher at ₹1,216.1 apiece on the NSE ahead of earnings.
Reliance Industrial Infrastructure Q2 Results Live Update at 2:50 pm: Price information
- Current price: ₹1,223 (+3.39%)
- Previous close: ₹1,182.8
- Open: ₹1,187.9
- High: ₹1,274.7
- Low: ₹1,182.4
Reliance Industrial Infrastructure Q2 Results Live Update at 1:28 pm: Shares of Reliance Industrial Infrastructure Ltd surged 6.5% to ₹1,259.90 ahead of second-quarter earnings.
Reliance Industrial Infrastructure Q2 Results Live Update at 1:02 pm: Board of Directors
- Mahesh K Kamdar, Non-Independent Non-Executive Director
- Sanjiv Singh, Non-Independent Non-Executive Director
- Dilip V Dherai, Executive Director
- Achuthan Siddharth, Independent Non-Executive Director
- Riddhi Bhimani, Independent Non-Executive Director
- Rahul Dutt, Independent Non-Executive Director
Reliance Industrial Infrastructure Q2 Results Live Update at 12:17 pm: Trading stats
- Traded volume (Lakhs): 1.66
- Traded value: 19.79 crore
- Total market capitalisation: ₹1,819.10 crore
- Free float m-cap: 957.71 crore
Reliance Industrial Infrastructure Q2 Results Live Update at 11:10 am: Price information
- Current price: ₹1,187.4 (+0.39%)
- Previous close: ₹1,182.8
- Open: ₹1,187.9
- High: ₹1,202
- Low: ₹1,182.4
Reliance Industrial Infrastructure Q2 Results Live Update at 10:33 am: RIIL shares are trading 0.6% higher at ₹1,190 apiece on the National Stock Exchange (NSE) ahead of earnings on Friday.
Reliance Industrial Infrastructure Q2 Results LIVE: Mukesh Ambani-led Reliance Industrial Infrastructure Ltd (RIIL) will declare results for the second quarter of the financial year 2024-25 on Friday, October 11.
"A meeting of the Board of Directors of the company is scheduled to be held on Friday, October 11, 2024, inter-alia, to consider and approve the un-audited standalone and consolidated financial results of the company for the quarter and half year ended September 30, 2024," RIIL had said in an exchange filing last week.
In Q1 FY25, the company's consolidated income declined 13.1% to ₹12.4 crore as against ₹14.2 crore in the year-ago period.
The net profit stood at ₹2.9 crore in the April-June quarter of FY25, up 3% from Q1 FY24.
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