R-Infra Sept qtr net down by 44%

Reliance Infrastructure Ltd, part of the Anil Dhirubhai Ambani Group, headed by billionaire Anil Ambani, saw a 44 per cent dip in its net profit at Rs 170 crore for the quarter ending September 30, 2010 as against Rs 306 crore year-on-year.

Net revenue saw a marginal rise of 0.8 per cent at Rs 1,657 crore as against Rs 1,643 crore, for the corresponding period a year earlier.