Comments
Reliance Infrastructure has posted a 10 per cent rise in net profit at ₹458 crore for the quarter ended June 30, 2014, against ₹415 crore logged in the same period last year. Total income was down to ₹4,548 crore (₹5,746 crore). Total expenditure was down 26 per cent from ₹4,865 crore to ₹3,608 crore. Cost of power purchased was 12 per cent lower from ₹2,259 crore to ₹1,997 crore.
In cement business, R Infra said it ramped up production of 5.8 million tonnes a year from Maihar in Madhya Pradesh, Kundangunj in Uttar Pradesh, Butibori in Maharashtra and Durgapur in West Bengal. Ten of its 11 road projects earned `152 crore (`162 crore).
Comments
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.