Reliance Industrial Infra Q1 net profit up 27%

Mukesh Ambani-led Reliance Industrial Infrastructure today reported a nearly 27 jump in net profit to Rs 6.47 crore for the first quarter ended June 30.

The company had a net profit of Rs 5.10 crore in the corresponding quarter last fiscal, Reliance Industrial Infrastructure Ltd said in a filing to the Bombay Stock Exchange.

The company, however, reported a decline of 8.79 per cent in total income for the quarter at Rs 12.45 crore, against Rs 13.65 crore in the year-ago period.

The Reliance Industries group company is mainly engaged in infrastructure activity.