Reliance Industries (RIL) on Friday reported a consolidated net profit of ₹13,227 crore for the quarter ended March 31 as compared to ₹6,348 crore (including exceptional) in the same quarter last year. The conglomerate had a one-time gain of ₹797 crore for the period. It had posted a one-time exceptional loss of ₹4,267 crore in Q4FY20.
The consolidated revenue from operations has come in at ₹154,896 crore, up 11% from ₹139,535 crore year-on-year (YoY). The company said a dividend of ₹7 per equity share has been recommended for the financial year ended March 31, 2021.
The telecom arm of RIL, Reliance Jio, witnessed a 47.5% year-on-year growth in the net profit at ₹3,508 crore in the fourth quarter, as compared to ₹2,379 crore in the same period last year.
