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Reliance net profit rises 9%, planned shutdown at oil refinery subdues earnings

Agencies The oil-to-retail-to-telecom conglomerateโ€™s consolidated net profit of Rs 17,265 crore, or Rs 25.52 per share, in October-December - the third quarter of the current 2023-24 fiscal - was 9.3 per cent higher than Rs 15,792 crore, or Rs 23.19 a share, earning a year back, according to a company statement. Quarter-on-quarter, the profit was
Mukeshd Ambani Krishna Godavari Mukesh Ambani Reliance Industries Limited Reliance Jio Infocomm Ltd Reliance Industries

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Reliance Retail Q3 profit up 31.8% to Rs 3,165 cr; gross revenue at Rs 83,063 cr, ET Retail

Reliance Retail: The revenue from operations surged 23.75 per cent to Rs 74,373 crore in the December quarter of FY24. Gross revenue was up 22.83 per cent to Rs 83,063 crore. The retail arm of billionaire Mukesh Ambani-led Reliance Industries Ltd (RIL) posted a net profit of Rs 2,400 crore in the October-December quarter of FY2022-23, and its revenue from operations was Rs 67,623 crore.
New Delhi Isham Ambani Dinesh Taluja Mukeshd Ambani Mukesh Reliance Industries Ltd Reliance Retail Venture Ltd

Reliance net profit rises 9%, planned shutdown at oil refinery subdues earnings

Reliance Industries Ltd on Friday reported a 9 per cent rise in its December quarter net profit as a planned maintenance-induced weakness in oil business earnings was offset by stability in retail and telecom verticals. The oil-to-retail-to-telecom conglomerates consolidated net profit of Rs 17,265 crore, or Rs 25.52 per share, in October-December - the third quarter of the current 2023-24 fiscal - was 9.3 per cent higher than Rs 15,792 crore, or Rs 23.19 a share, earning a year back, according ...
Isham Ambani Krishna Godavari Mukeshd Ambani Mukesh Ambani Akashm Ambani Jio Infocomm
Source: rediff.com

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