Stock Market Today, May 26 -- Reliance Infrastructure share price declined close to 6% in the morning trade on Monday, May 26, following the announcement of the company's March quarter results (Q4).
Reliance Infrastructure had declared Q4 results after-market trading hours on Friday. As of 11 am, Reliance Infra stock was down 5.5% at Rs.288.50 apiece on the BSE. During the trade so far, it hit the day's low of Rs.287.20.
Reliance Infrastructure's Q4 consolidated net profit stood at Rs.4,387.08 crore as against a loss. In Q3 FY25, Reliance Infra had reported a net loss of RS 3,298 crore, while in the year-ago quarter, the loss attributable to the owners of the company stood at Rs.220 crore.
The company highlighted that in Q4 FY25, the c...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.