Reliance Industrial Infrastructure Ltd fell by over 2 per cent on the Bombay Stock Exchange in early trade on Thursday after the company reported a 16.69 per cent decline in the October-December quarter net profit.
Shares of RIIL fell by 2.1 per cent in morning trade to an year-low of Rs 620 on the BSE.
The company suffered a similar downslide on the National Stock Exchange, where it plunged 2.37 per cent to a 52-week low of Rs 620.
The company, engaged in infrastructure business, had posted a net profit of Rs 4.89 crore in the October-December quarter against Rs 5.87 crore in the same quarter last fiscal.