Companies

RPower stake sale boosts R Infra net profit to Rs 659 cr

Our Bureau Mumbai | Updated on January 28, 2013 Published on January 28, 2013

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Reliance Infrastructure, on a standalone basis, posted a 58 per cent rise in net profit at Rs 659 crore (Rs 416 crore) for the quarter-ended December 31, 2012, on the back of a Rs 418.34 crore profit booked on part sale of its stake in Reliance Power.

Total income decreased from Rs 4,507 crore to Rs 3,455 crore.

On Monday, the company's scrip was trading at Rs 530.25 on BSE at 1.30 p.m.

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Published on January 28, 2013
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