Reliance Infra reports profit of Rs 41 cr, Invit in May

Firm had a Rs 327 cr loss a year ago; has bid for Rs 11,000 cr projects including Shivaji statue

Anil Ambani-promoted Reliance Infrastructure reported a profit of Rs 41 crore against a loss of Rs 327 crore in the same period a year ago, on the back of improved operational performance. The company plans to launch its planned Infrastructure investment Trust (InvIT)in May.

The company’s total income fell to Rs 5,249.65 crore, from Rs 6,098.45 crore largely due to reduced income from its engineering, procurement and construction segment. Owing to reduction in EPC projects, the company expenses also declined to Rs 6,476.06 crore from Rs 7,266.31 crore in the same period a year ago.

“Revenue from the