Reliance Industrial Infrastructure standalone net profit declines 51.22% in the March 2016 quarter

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Sales rise 1.88% to Rs 22.77 crore
Net profit of Reliance Industrial Infrastructure declined 51.22% to Rs 2.79 crore in the quarter ended March 2016 as against Rs 5.72 crore during the previous quarter ended March 2015. Sales rose 1.88% to Rs 22.77 crore in the quarter ended March 2016 as against Rs 22.35 crore during the previous quarter ended March 2015.For the full year,net profit declined 30.40% to Rs 15.36 crore in the year ended March 2016 as against Rs 22.07 crore during the previous year ended March 2015. Sales declined 0.44% to Rs 89.69 crore in the year ended March 2016 as against Rs 90.09 crore during the previous year ended March 2015.
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First Published: Apr 13 2016 | 5:27 PM IST