Reliance Industries (RIL) on Monday announced its quarterly earnings for January-March period where it became the first Indian company to cross the Rs 1 lakh crore threshold in pre-tax profits. The company also recorded annual consolidated revenue of Rs 10 lakh crore, which was up by 2.6% on a year-on-year basis (YoY). The oil-to-chemicals conglomerate declared a final dividend of Rs 10 per share.
The earnings were announced after market hours and the stock ended at Rs 2,962.90 on the NSE, down by Rs 22.65 or 0.77% over Friday’s closing price.
