Reliance Infra Q2 outcomes: Stories internet lack of Rs 277 cr


Reliance Infrastructure (RInfra) on Wednesday reported a consolidated internet lack of Rs 277.44 crore for the quarter ended September.

The corporate had clocked a consolidated internet revenue of Rs 280.35 crore within the corresponding quarter of the earlier fiscal, the corporate stated in a press release.

Its whole consolidated earnings through the quarter below overview fell to Rs 5,256.64 crore as in opposition to Rs 6,357.97 crore within the corresponding quarter a 12 months in the past.

Complete consolidated bills declined to Rs 5,604.78 crore through the quarter below overview as in opposition to Rs 5,835.40 crore within the year-ago interval.

The corporate stated it has Rs 60,000 crore of receivables pending for as many as 5-10 years earlier than varied boards, together with regulatory and arbitration tribunal.

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It stated it continues to offer important companies and diligently work in direction of attaining milestones even within the present COVID-19 scenario.

Mumbai metro resumed industrial operations in October 2020 whereas Delhi discoms are successfully offering energy provide to 44 lakh households, it added.

RInfra stated its engineering and development tasks are totally operational.

It has a robust engineering and development order e-book at Rs 27,150 crore as on September 30.

Delhi Agra (DA) toll street sale for enterprise worth of Rs 3,600 crore to Dice Highways and Infrastructure III Pte Ltd is on observe for closure, whereas Defence three way partnership with Dassault and Thales are totally operational.



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