Reliance Infra quarterly operating income rises 66 percent

Reliance Infrastructure Tuesday posted a 66 percent rise in operating income at Rs.6,130 crore for the quarter ended Dec 31 against Rs.3,686 crore during the like period of the previous financial year.

Net profit increased marginally at Rs.408 crore during the quarter under review from Rs.405 crore during the year-ago period, the company said in a regulatory filing.

The cash profit of the firm rose 3.7 percent at Rs.557 crore during the Oct-Dec quarter against Rs.537 crore during the like quarter of 2010-11.

On consolidated basis, the net worth of the company stood at Rs.24,868 crore.

The company also said it remained debt free on a standalone basis.

At the Bombay Stock Exchange the shares of the company closed 2.33 percent up at Rs.615.85.