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Reliance ltd reports a 65% decline in profit for Q4

BNE ADMIN


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New Delhi: Reliance Group firm Reliance Industrial Infrastructure Limited (RIIL) on Wednesday reported a 65 percent decline in consolidated profit at ₹ 1.06 crore for the quarter ended March 31, 2022.

The company had posted a consolidated profit of ₹ 3 crores in the year-ago period, Reliance Industrial Infrastructure Ltd (RIIL) said in a filing to BSE.

However, the total income of the company during the January-March quarter increased to ₹ 19.65 crores over ₹ 18.88 crores in the same period a year ago.

The board of directors recommended a dividend of ₹ 3 per equity share of ₹ 10 each for 2021-22.

BNE ADMIN