RInfra s Q3 consolidated net profit up 9%
Mumbai Jan 31 (IANS) Reliance Infrastructure (RInfra) on Wednesday reported a rise of 9 per cent in its consolidated net profit for the third quarter of 2017-18.
According to the company its net profit increased to Rs 410 crore from Rs 375 crore reported for the corresponding quarter of previous fiscal.
The company s consolidated total income during the quarter under review stood at Rs 6 634 crore ($1 billion).
In addition the firm s earnings before interest taxes depreciation and amortization (EBITDA) during Q3 stood at Rs 2 138 crore ($335 million).
Among the key highlights of the quarter the company s EPC (engineering procurement and construction) business had an order book of Rs 10 500 crore as on December 31.
"Won 2 projects worth Rs 5 000 crore comprising of 750 MW combined cycle power plant and 500 MMSCFD floating storage regasification unit based LNG terminal in Bangladesh " the company said in a statement.
"Won EPC contract worth Rs 882 crore to build 70 km six laning Aurangabad-Bihar-Jharkhand border road project in Bihar."
In the road infrastructure segment the company s revenue increased by 15 per cent to Rs 281 crore.
"Expect Delhi Agra and Pune-Satara projects to be completed in 2018 " the statement said.
--IANS
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