RIIL Jun-qtr net profit up 4 pc to Rs 1.92 cr

Press Trust of India  |  New Delhi 

Limited (RIIL), a Group company, today reported a 4 per cent rise in its standalone net profit at Rs 1.92 crore for the quarter ended June 30, 2018.

The company had clocked a net profit of Rs 1.84 crore during the same period a year ago, it said in a BSE filing.

The firm's total income during the quarter under review rose to Rs 24.93 crore, from Rs 24.82 crore in the April-June quarter of 2017-18.

During April-June 2018, its expenses were at Rs 21.94 crore as against Rs 22.06 crore in the year-ago quarter.

RIIL is mainly engaged in the business of setting up/ operating It provides services like of and raw water through its pipelines, on hire and other

Shares of the company today ended 1.08 per cent lower at Rs 431.35 apiece on BSE.

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First Published: Wed, July 11 2018. 20:35 IST