Stay updated with breaking news from New Commerce. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Reliance Industries Limited (RIL) declared the consolidated results for quarter ended December 31, 2023.Gross Revenue was Rs 248,160 crore ($29.8 billion), up 3.2 per cent Y-o-Y, supported by continued growth momentum in consumer ...
Reliance Retail's net profit experienced a remarkable surge, climbing by 31.9 per cent YoY to reach Rs 3,165 crore.
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.
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 conglomerate'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 lower when compared to Rs 17,394 crore e...
Reliance Industries posted a 10.9 per cent rise in consolidated profit after tax (PAT) during the October-December 2023 quarter at Rs 19,641 crore.