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Reliance Infrastructure net profit declines 16.58% in the March 2014 quarter

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Capital Market

Sales decline 30.75% to Rs 2668.19 crore

Net profit of Reliance Infrastructure declined 16.58% to Rs 499.66 crore in the quarter ended March 2014 as against Rs 599.00 crore during the previous quarter ended March 2013. Sales declined 30.75% to Rs 2668.19 crore in the quarter ended March 2014 as against Rs 3852.76 crore during the previous quarter ended March 2013.

For the full year,net profit declined 20.58% to Rs 1587.94 crore in the year ended March 2014 as against Rs 1999.52 crore during the previous year ended March 2013. Sales declined 21.16% to Rs 11192.24 crore in the year ended March 2014 as against Rs 14196.32 crore during the previous year ended March 2013.

 
ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales2668.193852.76 -31 11192.2414196.32 -21 OPM %17.9513.30 -17.0713.49 - PBDT482.92459.83 5 2139.012116.94 1 PBT395.66371.00 7 1796.941724.89 4 NP499.66599.00 -17 1587.941999.52 -21

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First Published: May 19 2014 | 8:13 AM IST

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