{"id":297116,"date":"2019-10-19T12:39:57","date_gmt":"2019-10-19T07:09:57","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=297116"},"modified":"2019-10-19T12:51:26","modified_gmt":"2019-10-19T07:21:26","slug":"ril-q2-net-profit-jumps-18-pc-to-record-rs-11262-cr","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/ril-q2-net-profit-jumps-18-pc-to-record-rs-11262-cr\/","title":{"rendered":"RIL Q2 net profit jumps 18 pc to record Rs 11,262 cr"},"content":{"rendered":"<p>Reliance Industries on Friday reported an 18.6 per cent rise in consolidated net profit to a record Rs 11,262 crore for the second quarter of the current fiscal on the back of a turnaround in refining margins and continued rise in consumer businesses of retail and telecom. <\/p>\n<p>Net profit in July-September stood at Rs 11,262 crore, compared to Rs 9,516 crore profit in the same period a year back. Consolidated revenue rose to a record Rs 163,854 crore, the company said in a statement. <\/p>\n<p>Consumer businesses, which till last year accounted for a quarter of the company&#8217;s pre-tax profit, contributed a third of EDITDA in Q2. <\/p>\n<p>Retail business EBITDA rose 13 per cent to Rs 2,322 crore while telecom arm Jio posted a net profit of Rs 990 crore.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reliance Industries on Friday reported an 18.6 per cent rise in consolidated net profit to a record Rs 11,262 crore for the second quarter of the current fiscal on the back of a turnaround in refining margins and continued rise in consumer businesses of retail and telecom. Net profit in July-September stood at Rs 11,262 crore, compared to Rs 9,516 crore profit in the same period a year back. Consolidated revenue rose to a record Rs 163,854 crore, the company said in a statement. Consumer businesses, which till last year accounted for a quarter of the company&#8217;s pre-tax profit, contributed [&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":[146,130,177],"tags":[],"class_list":["post-297116","post","type-post","status-publish","format-standard","hentry","category-deccan-herald-newspapers","category-newspapers","category-oil-gas-deccan-herald-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/297116","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=297116"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/297116\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=297116"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=297116"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=297116"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}