Reliance Industrial Infrastructure Q3 Results: Net profit falls 24% amid lower infrastructure asset utilization

Reliance Industrial Infrastructure Q3 Results: The company reported a drop in Q3 net profit due to lower utilisation of infrastructure assets. Profit fell to Rs 2.74 crore while revenue decreased by 9.4% to Rs 18.60 crore. The company provides inf...

Agencies
New Delhi: Reliance Industrial Infrastructure Ltd on Wednesday reported a 24% decline in its third-quarter net profit as lower utilisation of infrastructure assets led to a fall in revenue. Consolidated net profit in October-December - the third quarter of April 2024 to March 2025 (FY25) fiscal - fell to Rs 2.74 crore from Rs 3.62 crore a year back, the company said in a statement.

Also Read: Reliance Industries Q3 Results FY25

Its revenue fell 9.4% to Rs 18.60 crore from Rs 20.52 crore in October-December 2023.


This was "on account of lower utilisation of infrastructure assets," the statement said.

"The company continues to provide infrastructure support services, which include transportation of petroleum products and raw water through pipelines and other support services mainly to Reliance Industries Limited," it said.

"The company presently does not have any expansion plans on the anvil."
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