Reliance Infrastructure Q2 net up 6%

Reliance Infrastructure Q2 net up 6%

Anil Ambani Group-controlled Reliance Infrastructure has posted a net profit of Rs 307 crore for the second quarter ended September 30, up 6%, against net profit of Rs 289 crore over the corresponding period last fiscal.

The company's total income rose to Rs 2812.82 crore during the July- September quarter of the current fiscal from Rs 2674.86 crore in the same period last year.

Net sales for the quarter rose 8.82% to Rs 2649.56 crore, while total income for the quarter rose 6.69% to Rs 2812.82 crore, when compared with the prior year period.

The scrip closed on Friday at Rs 1058 on BSE, down 5% compared to its previous close.