Reliance Industries Ltd reports 15% fall in net profit in third quarter
Reliance Industries Ltd (RIL) on Friday reported a 15 per cent fall in its net profit in the third quarter of 2022-23 to Rs 15,792 crore from Rs 18,549 crore a year ago — which is broadly in line with analyst estimates.
Analysts had estimated a net profit in the range of Rs 15,400 crore to over Rs 16,000 crore.
Revenues were up 15 per cent to Rs 220,592 crore from Rs 191,271 crore a year ago.
