PTI | | Posted by Lingamgunta Nirmitha Rao
Reliance Industrial Infrastructure Ltd (RIIL) on Saturday reported an 11.4 per cent drop within the second quarter web revenue on flattish income.
Web revenue of ₹2.26 crore in July-September was 11.4 per cent decrease than ₹2.55 crore web revenue in the identical interval final 12 months, the corporate mentioned in an announcement.
The revenue was nonetheless 61 per cent increased than ₹1.40 crore web revenue within the previous April-June quarter.
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Income was virtually unchanged at ₹21.2 crore.
“The corporate continues to supply infrastructure assist providers particularly transportation of petroleum merchandise and uncooked water by means of pipelines, building equipment on rent, and different assist providers to Reliance Industries Group, with a considerable portion offered to Reliance Industries Restricted,” it mentioned.
“The corporate presently doesn’t have any growth plans on the anvil.”