Reliance profit surges 30% to nearly ₹20k cr in Sept qtr
Mumbai: Reliance Industries reported a 30% rise in its consolidated net profit of Rs 19,878 crore in the September quarter as compared to Rs 15,332 crore in the year-ago quarter. The energy-to-retail major’s results got a boost from a sharp uptick in oil & gas revenues and strong growth in retail and digital services.
RIL’s consolidated revenue in Q2 stood at nearly Rs 2.6 lakh crore, up 1.2% from Rs 2.5 lakh crore in the previous year.
The numbers reported by India’s most valued company on Friday were in line with expectations, market players said.
