India's Reliance Infrastructure drops on Q1 profit decline

Reliance Industrial Infrastructure

28/07/2025 07:18

** Shares of Reliance Infrastructure REII.NS fall 3% to 331 rupees, their lowest since June 2

** Engineering and construction co posts a 98.6% Q/Q decline in June-qtr profit to 598.4 mln rupees ($6.92 mln); rev from ops rises 43.8% Q/Q

** More than 3.3 mln shares change hands, 1.4x of 30-day avg

** Stock up 8.8% YTD

($1 = 86.5130 Indian rupees)

 (Reporting by Rudra Pratap Singh in Bengaluru)

 ((rudrapratap.singh@thomsonreuters.com))