Mukesh Ambani-led conglomerate Reliance Industries on Monday reported a 2% fall in its consolidated net profit at Rs 18,951 crore for the quarter ended March 2024. It was Rs 19,299 crore in the year-ago period. ETNOw had predicted PAT at Rs 18,227 crore.
Revenue from operations surged 11% year-on-year to Rs 2.4 lakh crore in the reporting period, compared with Rs 2.16 lakh crore in the previous year quarter.