Q3FY17 Results: Reliance Infrastructure Ltd.
Bhagyashree Vivarekar / 13 Feb 2017
The company reported PAT of Rs 440.85 crore, which represents a sequential QoQ increase of 79.61 per cent and a YoY decline of 2.5 per cent.
Reliance Infrastructure Ltd. reported its results for the quarter ended December 31, 2016.
The company reported total sales of Rs 2126.63 crore for Q3FY17, which represents a 7.99 per cent sequential increase and 11.74 per cent YoY decline.
Its operating profit (EBIT) for the quarter came in at Rs 69.55 crore, with EBIT margin at 3.27 per cent.
The company reported PAT of Rs 440.85 crore, which represents a sequential QoQ increase of 79.61 per cent and a YoY decline of 2.5 per cent.
The company's stock opened at Rs 542.1 on the BSE and fell 1.23 per cent to close at Rs 535.45.
Reliance Infrastructure Ltd, ia part of the Reliance Group, is an infrastructure company. The company is engaged in development of infrastructure projects and also deals in power generation, transmission, distribution, EPC and trading. Its operating verticals include engineering, procurement and construction, energy and infrastructure.
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