Reliance Industries Ltd (RIL) on Friday reported a consolidated net profit of Rs 13,227 crore for the quarter ended March 2021, up 108 per cent from Rs 6,348 crore logged in the corresponding quarter of last year.
The company’s board declared a dividend of Rs 7 per share for the financial year 2020-21. RIL’s revenue from operations rose 11 per cent to Rs 1.54 lakh crore as compared to Rs 1.39 lakh crore in the year-ago period.
RIL said revenue from operations of Jio Platforms was Rs 18,278 crore as against Rs 15,373 crore in the year-ago quarter, a rise of 18.9 per cent. Jio Platforms clocked a net profit of Rs 3,508 crore for the quarter under review, up by 47 per cent as against Rs 2,379 crore in the year-ago period.
