Reliance Infrastructure 2009-2010 Q1 Net Profit Up By 25%
Reliance Infrastructure, power utility and infrastructure major, has posted an increase of 25% in net profit to Rs.317 crore ($66 million) for the quarter ended June 30.
The total income of the company has witnessed an increase of 7% to Rs.2,446.3 crore in the first quarter of the current fiscal, compared to Rs.2,290.29 crore in the same quarter a year ago.
While the electrical energy division contributed Rs.1,880.49 crore to the total income, the engineering and construction segment accounted for Rs.565.84 crore.
The group has emerged as the highest bidder for the privatisation of all five regional airports in Maharashtra at Nanded, Latur, Yavatmal, Baramati and Osmanabad.