Reliance Infrastructure disclosed a steady growth in standalone net profit for the quarter ended June 2014. During the quarter, the profit of the company rose 10.07% to Rs 4,570.20 million from Rs 4,152.00 million in the same quarter previous year.
Net sales for the quarter declined 23.87% to Rs 41,508.90 million, compared with Rs 54,524.50 million for the prior year period.
Earnings per share for the quarter stood at Rs 17.40, registering 10.20% growth over previous year period.
Quarterly Results - Standalone (Rs in mn) |
As at | Jun - 14 | Jun - 13 | %Change |
Net Sales | 41,508.90 | 54,524.50 | (23.87) |
Net Profit | 4,570.20 | 4,152.00 | 10.07 |
Basic EPS | 17.40 | 15.79 | 10.20 |
Shares of the company declined Rs 20.3, or 2.58%, to settle at Rs 766.50. The total volume of shares traded was 492,666 at the BSE (Friday).