Business

Reliance Industrial Infrastructure Reports ₹312.23 Crore Profit in Q2 FY24

Reliance Industrial Infrastructure Reports ₹312.23 Crore Profit in Q2 FY24
Reliance Industry Business News

Reliance Industrial Infrastructure Limited (RIIL) has announced its financial results for the second quarter of FY24. The company reported a total income of ₹1,836.57 crore, slightly down from ₹2,084.72 crore in the same period last year. Net profit for the quarter stood at ₹312.23 crore, a slight decrease from ₹317.66 crore in Q2 FY23.



RIIL’s profit before tax (PBT) for Q2 FY24 was ₹360.64 crore, reflecting stable performance despite market challenges. The company continues to generate steady revenue from infrastructure services, mainly catering to the oil and gas sectors under the Reliance Industries group.

While there were no major expansion announcements, RIIL remains focused on maintaining cost efficiency and strategic partnerships. The outlook for the coming quarters remains stable, with the company aiming to sustain its margins and operational performance.


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