Reliance Infrastructure Ltd has reported a 12 per cent drop in net profit for the quarter ended June 30 due to losses in cement and metro rail business. The company clocked Rs.400 crore as net profit, which was Rs.457 crore in the year-ago quarter. The net sales for the quarter under review dipped by six per cent to Rs.3,124 crore (Rs.3,352 crore).
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