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Reliance Infra shares rise 10% on strong results

RInfra reported 18% rise in its consolidated net profit to Rs 345.51 for Q3.

PTI|
Last Updated: Feb 17, 2020, 03.44 PM IST
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The Anil Ambani-led company had clocked a net profit of Rs 293.77 crore in the corresponding quarter previous fiscal, it had said in a regulatory filing.
Shares of Reliance Infrastructure on Monday surged over 10 pc after the firm reported 18 per cent rise in consolidated net profit to Rs 345.51 crore for the third quarter ended December 31.

Reliance Infrastructure (RInfra) on Friday reported 18 per cent rise in its consolidated net profit to Rs 345.51 crore for the quarter ended December 31, 2019.

The Anil Ambani-led company had clocked a net profit of Rs 293.77 crore in the corresponding quarter previous fiscal, it had said in a regulatory filing.

The shares of the company closed 9.49 per cent higher at Rs 21.35 on BSE.
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