Reliance Infrastructure announced a steep drop in standalone net profit for the quarter ended March 2015. During the quarter, the profit of the company declined 26.12% to Rs 4,591.10 million from Rs 6,214.20 million in the same quarter last year.
Revenues for the quarter declined marginally 0.17% to Rs 50,276.30 million, compared with Rs 50,360.00 million for the prior year period.
Earnings per share for the quarter stood at Rs 17.46, registering 26.11% decline over previous year period.
| Quarterly Results - Standalone (Rs in mn) |
| As at | Mar - 15 | Mar - 14 | %Change |
| Revenues | 50,276.30 | 50,360.00 | (0.17) |
| Net Profit | 4,591.10 | 6,214.20 | (26.12) |
| Diluted EPS | 17.46 | 23.63 | (26.11) |
Shares of the company declined Rs 6.35, or 1.48%, to settle at Rs 421.90. The total volume of shares traded was 376,049 at the BSE (Wednesday).
