March 26, 2023

Reliance Industries Q3 net profit jumps 41.5% to Rs 18,549 crore – Times of India

NEW DELHI: Reliance Industries Limited (RIL) on Friday posted a 41.58 per cent jump in its consolidated net profit for the third quarter (Q3) ending December 31, 2021.
The company’s net profit came in at Rs 18,549 crore as compared to a profit of Rs 13,101 crore posted in same period last year.
In terms of quarter-on-quarter growth, RIL’s profit jumped 35.59 per cent from Rs 13,680 crore posted in previous quarter ending September 2021.
The company’s revenue from operations came in at Rs 1.91 lakh crore in the period under consideration from Rs 1.24 lakh crore a year back.
Meanwhile, RIL’s telecom arm Jio Infocomm post nearly 10 per cent jump in profit at Rs 3,615 crore as against Rs 3,291 crore posted in same quarter last year.
RIL’s share finished marginally lower at Rs 2,478 on the BSE, while it closed at Rs 2,476.05 on the NSE.


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