Reliance Infrastructure Ltd (RInfra) Thursday reported a consolidated net profit of Rs 4,082.53 crore in the July-September quarter of 2024-25 on lower expenses.
The company had clocked Rs 294.04 crore net loss during the July-September period of the preceding 2023-24 fiscal, it said in a regulatory filing.
Exceptional gains of Rs 3,575.27 crore, including gain on settlement of debts and income of Rs 80.97 crore on account of arbitration claim received, boosted the bottomline in the September quarter, according to a company filing.
Total income of the company declined marginally to Rs 7,345.96 crore during the quarter from Rs 7,373.49 crore in the same period last year. Consolidated expenses are said to have reduced to Rs 6,450.38 crore from Rs 7,100.66 crore for the same quarter in the previous financial year.
RInfra is a leading company in the E and C services related to power, roads, metro rail, and other infrastructure sectors.
The company is also involved in the implementation, operation, and maintenance of a number of its projects in the defense sector and infrastructural areas through its special-purpose vehicles.
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