Infrastructure Ltd (RIIL) today reported an over 25 per cent drop in its third quarter net profit to Rs 3.96 crore.
The company had recorded a net profit of Rs 5.32 crore in October-December of the last fiscal 2014-15, RIIL said in a statement.
The company did did not give any reasons for the drop in its net profit.
The third quarter revenue was almost unchanged at Rs 24.95 crore.
RIIL provides infrastructure support services like transportation of petroleum products and water through pipelines, construction machinery on hire and other support services to Reliance Industries Group. A substantial portion of its business is provided by Reliance Industries Ltd, the statement added.
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