The company's net profit stood at Rs 1.84 crore for the quarter ended June 30, 2017, down from Rs 3.02 crore in the corresponding quarter of last fiscal.
According to the company, its total revenue for the quarter under review decreased by 5.6 per cent to Rs 24.82 crore from Rs 26.28 crore reported for the Q1, 2016-17.
"RIIL continues to provide infrastructure support services, namely transportation of petroleum products and water through pipelines, construction machinery on hire and other support services to Reliance Industries Group, with a substantial portion provided to Reliance Industries," the company said in a regulatory filing to the BSE.
"RIIL presently does not have any expansion plans on the anvil."
(This story has not been edited by Social News XYZ staff and is auto-generated from a syndicated feed.)
About VDC
Doraiah Chowdary Vundavally is a Software engineer at VTech . He is the news editor of SocialNews.XYZ and Freelance writer-contributes Telugu and English Columns on Films, Politics, and Gossips. He is the primary contributor for South Cinema Section of SocialNews.XYZ. His mission is to help to develop SocialNews.XYZ into a News website that has no bias or judgement towards any.