Reliance Industries Ltd (RIL) has reported a 20.2 per cent rise in net profit at Rs 18,201 crore for the quarter ended March 2022 as against Rs 14,995 crore in the same period of last year. RIL’s gross revenue for the fiscal 2021-22 has crossed $ 100 billion mark (Rs 792,756 crore), the first Indian listed company to achieve the landmark.
RIL’s gross revenue for the quarter was Rs 232,539 crore, higher by 35.1 per cent. Net profit for the full year was Rs 67,845 crore ($ 9.0 billion), higher by 26.2 per cent.
RIL’s digital arm Reliance Platforms has posted a gross revenue of Rs 26,139 crore, higher by 20.7 per cent, for the March quarter. Net profit for the quarter was Rs 4,313 crore, a growth of 22.9 per cent.