Reliance Infrastructure Limited, the country's major infrastructure conglomerates, declared the results for the three month period ended June 30.

The company has recorded an increase of 6% in its first quarter net profit as compared to the same period last year.

For the Apr-June period, Reliance Infra recorded a net profit worth Rs 375 crore as compared to Rs 356 crore during the corresponding quarter of 2009.

The company also recorded an increase of 4 per cent in its total operating income, which stood at Rs 3,824 crores as against Rs 3,671 crore in the corresponding quarter of 2009.

The ADA Group's Cash Earnings Per Share (Cash EPS) stood at Rs 20.7, while EPS was Rs 15.3 during the first quarter of 2010-11.

Referring to the Maharashtra Electricity Regulatory Commission directive on rate increases for its Mumbai power distribution business, Lalit Jalan, Director of R-Infra stated, "These numbers have come after taking a hit of Rs 140 crore because of the stay order."

Mr. Jalan said that 11 projects in roads, metro and a transmission line with a joint project size of Rs 19,200 crore, will be licensed during the existing financial year.

Four of these, comprising the Delhi airport expressway, are likely to be accredited by the coming quarter.