{"id":296963,"date":"2019-10-19T11:07:21","date_gmt":"2019-10-19T05:37:21","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=296963"},"modified":"2019-10-19T11:16:18","modified_gmt":"2019-10-19T05:46:18","slug":"ril-q2-profit-up-18-3-at-%e2%82%b911262-crore","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/ril-q2-profit-up-18-3-at-%e2%82%b911262-crore\/","title":{"rendered":"RIL Q2 profit up 18.3% at \u20b911,262 crore"},"content":{"rendered":"<p>The consolidated net profit of Reliance Industries Ltd, the oil to telecom conglomerate owned by billionaire Mukesh Ambani, rose 18.3 per cent in the July-September quarter to \u20b911,262 crore from a year ago, as revenue from operations jumped 4.8 per cent to \u20b91,63,854 crore. The consolidated net profit was \u20b99,516 crore on an operational revenue of \u20b91,56,291 crore in the second quarter of FY19. <\/p>\n<p>Robust growth <\/p>\n<p>Reliance Industries said the quarterly consolidated revenue was driven mainly by robust growth in retail and digital services businesses, which grew by 27 per cent and 34 per cent respectively. This helped partially offset the drop in revenue in the refining and petrochemicals businesses. <\/p>\n<p>\u201cThe results reflect benefits of our integrated oil to chemicals value chain and the rapid scale-up of our consumer businesses,\u201d said Mukesh Ambani, Chairman and Managing Director of Reliance Industries.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The consolidated net profit of Reliance Industries Ltd, the oil to telecom conglomerate owned by billionaire Mukesh Ambani, rose 18.3 per cent in the July-September quarter to \u20b911,262 crore from a year ago, as revenue from operations jumped 4.8 per cent to \u20b91,63,854 crore. The consolidated net profit was \u20b99,516 crore on an operational revenue of \u20b91,56,291 crore in the second quarter of FY19. Robust growth Reliance Industries said the quarterly consolidated revenue was driven mainly by robust growth in retail and digital services businesses, which grew by 27 per cent and 34 per cent respectively. This helped partially offset [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130],"tags":[],"class_list":["post-296963","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/296963","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=296963"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/296963\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=296963"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=296963"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=296963"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}