Reliance Industrial Infra Q1 net profit drops 8.4% to Rs 2.84 crore

Reliance Industrial Infrastructure Ltd reported Q1 net profit of Rs 2.84 crore, down 8.4% YoY.

Revenue fell 18.4% to Rs 14.92 crore in the quarter ended June 30.

The company attributed the revenue decline to completion of certain fixed-term contracts.