RIIL results fail to impress
DSIJ Intelligence / 14 Oct 2016
RIIL has declared its half yearly results on October 13. The company has achieved its total revenues of Rs 5238 lakh compared to the revenues of Rs 5079 lakh in the corresponding year in 2015-16.
RIIL has declared its half yearly results on October 13. The company has achieved its total revenues of Rs 5238 lakhs compared to the revenues of Rs 5079 lakh in the corresponding year in 2015-16.
Highlights of the results are :-
Income from Product Transportation Services has increased marginally from Rs 1240 lakh to Rs 1269 lakh on YoY basis.
Income from hiring of construction machinaries has increased from Rs 1687 lakh to Rs 1781 lakh on a YoY basis.
Income from Support Services has decreased marginally from Rs 1589 lakh to Rs 1552 lakh on a YoY basis.
Net profit during the half year ended September 30, 2016 was at Rs 640 lakh as compared to Rs 864 on a YoY basis.
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