RIL Q1 results: Consolidated net profit rises 67% to Rs 13,806 cr
Mumbai: Reliance Industries Ltd reported a consolidated net profit of ₹13,806 crore for the first quarter, up 66.7% from ₹8,282 crore a year ago. The increase amounts to 4.2% after including exceptional items that took the bottom line for the first quarter last year to ₹13,248 crore.
Total consolidated revenue amounted to ₹1.59 lakh crore in the June quarter, up 57.4% from the same period a year ago, when the top line had taken a hit due to the nationwide lockdown. A Bloomberg poll had pegged consolidated net profit at ₹13,200 crore on revenue of ₹1.46 lakh crore.
