
Reliance Industrial Infrastructure Limited (RIIL) has reported its financial results for the quarter ended December 31, 2024 (Q3 FY25). The company witnessed a decline in both revenue and net profit on a quarter-on-quarter (QoQ) basis.
Key financial highlights (Q3 FY25):
- Revenue from operations: ₹12.36 crore, down from ₹12.24 crore in Q2 FY25.
- Net profit for the quarter: ₹2.74 crore, compared to ₹3.13 crore in the previous quarter.
Nine-month performance (FY25 YTD):
- Revenue stood at ₹37.00 crore, compared to ₹43.58 crore in the corresponding period of FY24.
- Net profit for the nine months reached ₹8.77 crore, down from ₹9.63 crore in the previous year.
Yearly comparison:
- For the full year ending March 31, 2024, revenue and net profit stood at ₹58.08 crore and ₹13.32 crore, respectively, reflecting the challenges faced in maintaining growth.
RIIL’s performance reflects ongoing challenges in the infrastructure sector, with a sequential dip in both revenue and profitability. Investors will closely monitor how the company navigates these headwinds in the upcoming quarters.
Disclaimer: This article is for informational purposes only and does not constitute financial advice.