Reliance Retail Q3 profit surges 88% to Rs 1,830 crore; generates 50,000 new jobs
Reliance Retail Q3 results: The company supported job creation in the economy during the coronavirus crisis and generated over 50,000 new jobs during April-December 2020 in consumer businesses and last mile delivery
Chitranjan Kumar | January 22, 2021 | Updated 21:52 IST
Reliance Retail reported 88.1 per cent quarter-on-quarter growth in consolidated net profit at Rs 1,830 crore in Q3 FY21
Reliance Retail, the retail arm of Mukesh Ambani-led Reliance Industries Limited (RIL), has delivered a record profit in an operating environment that continued to remain challenging with sporadic COVID related restrictions and local issues. The retail major reported 88.1 per cent quarter-on-quarter growth in consolidated net profit at Rs 1,830 crore for third quarter ended December 31, 2020. The company added over 50,000 new jobs during April-December period.
RIL s oil and gas ebitda margin turn positive on production from KG fields
The logo of Reliance Industries.
(Reuters)
The R-cluster is currently producing 4.5 million metric standard cubic metres per day
Ebitda margin from the segment clocked 0.9% growth against (-) 54.6% drop in the second quarter of this fiscal
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Reliance Industries (RIL) and BP Plc which last month began production from the R-Cluster, an ultra-deep-water gas field in the KG D6 block, off the east coast of India, saw its revenue from the oil and gas segment grow in the third quarter of this fiscal.
The R-cluster is currently producing 4.5 million metric standard cubic metres per day (mmscmd).
Jio records USD 10 billion annualized revenue run-rate in Q3 results ANI | Updated: Jan 22, 2021 22:20 IST
Mumbai (Maharashtra) [India], January 22 (ANI): Jio Platforms Ltd has achieved USD 10 billion annualized operating revenue run-rate during the third quarter of 2020-21. JPL has achieved a milestone this quarter with annualised operating revenue run-rate of USD 10 billion with strong Revenue and EBITDA (earnings before interest, taxes, depreciation, and amortization) growth, a JPL release said.
It said that quarterly operating revenue increased 5.3 per cent QoQ to Rs 19,475 crore with EBITDA margin of 43.6 per cent. Net profit increased 15.5 per cent QoQ to Rs 3,489 crore (9M FY21 net profit Rs 9,029 crore). 9M FY21 Operating Revenue and EBITDA stand at Rs 55,225 crore and Rs 23,786 crore, respectively, the release said.
RIL s Q3FY21 Earnings Show Strong Sequential Rebound Across Sectors; Top 5 Highlights Of December Quarter Scorecard moneycontrol.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from moneycontrol.com Daily Mail and Mail on Sunday newspapers.
RIL Q3 results: Profit rises 12.5% to Rs 13,101 crore, revenue down 22%
RIL Q3 results: Revenue of Mukesh Ambani-led oil-to-telecom conglomerate fell by 22 per cent to Rs 128,450 crore in the quarter under review as compared to Rs 160,447 crore in the year ago period
Chitranjan Kumar | February 4, 2021 | Updated 10:13 IST
Ahead of Q3, Reliance Industries shares ended 2.3 per cent lower at Rs 2,049.65 on BSE
Reliance Industries Limited (RIL) on Friday reported 12.5 per cent year-on-year growth in consolidated net profit at Rs 13,101 crore for the third quarter ended December 31, 2020, on the back of strong rebound across all businesses. The company has posted a net profit of Rs 11,640 crore in corresponding period of last year, RIL said in a regulatory filing.