{"id":311039,"date":"2020-01-18T12:17:13","date_gmt":"2020-01-18T06:47:13","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=311039"},"modified":"2020-01-18T12:17:13","modified_gmt":"2020-01-18T06:47:13","slug":"ril-posts-record-high-of-rs-11640-cr-beats-estimates-to-post-13-5-hike-in-q3-2019","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/ril-posts-record-high-of-rs-11640-cr-beats-estimates-to-post-13-5-hike-in-q3-2019\/","title":{"rendered":"RIL posts record high of Rs 11,640 cr, beats estimates to post 13.5% hike in Q3 2019"},"content":{"rendered":"<p>Reliance Industries (RIL), the country\u2019s most valuable company by market cap, reported a 13.5% increase in its net profits to a record high of Rs 11,640 crore for the quarter ended December, beating Bloomberg consensus estimates. Consumer businesses now account for over 37% of the consolidated Ebitda of RIL.<\/p>\n<p>However, revenues for Q3FY20 fell 1.4% to Rs 1.68 lakh crore, primarily on account of a 10.6% decline in revenues from its oil-to-chemicals (O2C) segment, with lower product price realisation and 6.6% fall in Brent crude price. This was partially offset by the continuing growth momentum in consumer businesses, RIL said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reliance Industries (RIL), the country\u2019s most valuable company by market cap, reported a 13.5% increase in its net profits to a record high of Rs 11,640 crore for the quarter ended December, beating Bloomberg consensus estimates. Consumer businesses now account for over 37% of the consolidated Ebitda of RIL. However, revenues for Q3FY20 fell 1.4% to Rs 1.68 lakh crore, primarily on account of a 10.6% decline in revenues from its oil-to-chemicals (O2C) segment, with lower product price realisation and 6.6% fall in Brent crude price. This was partially offset by the continuing growth momentum in consumer businesses, RIL said.<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,195,138],"tags":[],"class_list":["post-311039","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-financial-express","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/311039","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\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=311039"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/311039\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=311039"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=311039"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=311039"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}