Reliance Industrial Infrastructure Ltd (RIIL) announced its Q4 and FY 2024-25 results, showing a decline in profits but maintaining its dividend. The company recommended a dividend of ₹3.50 per share. Q4 saw a 13.30% decrease in net profit to ₹320.00 lakh, with total income falling 8.50% to ₹1,894.00 lakh. For the full fiscal year, total income decreased by 10.10% to ₹7,433.00 lakh, while net profit fell 10.10% to ₹1,197.00 lakh. RIIL attributed the decline to lower utilization of infrastructure assets.
Reliance Industrial Infrastructure Limited (RIIL) released its Q4 FY2023 financial results, showing a 13.79% decrease in revenue to ₹125.00 crore and a 13.51% drop in net profit to ₹3.20 crore compared to Q4 FY2022. The company attributes the decline to lower utilization of infrastructure assets. Despite the year-over-year decrease, RIIL saw a sequential improvement in net profit from the previous quarter. RIIL continues to focus on providing infrastructure support services, primarily to Reliance Industries Limited.