{"id":311082,"date":"2020-01-18T12:45:47","date_gmt":"2020-01-18T07:15:47","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=311082"},"modified":"2020-01-18T13:01:43","modified_gmt":"2020-01-18T07:31:43","slug":"ril-consolidated-profit-rises-13-5pc-to-record-rs-11640cr-in-q3","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/ril-consolidated-profit-rises-13-5pc-to-record-rs-11640cr-in-q3\/","title":{"rendered":"RIL consolidated profit rises 13.5pc to record Rs 11,640cr in Q3"},"content":{"rendered":"<p>Reliance Industries on Friday reported a 13.5 per cent rise in consolidated net profit to a record Rs 11,640 crore in the third quarter ended December 31, 2019, on the back of continued rise in consumer businesses of retail and telecom.<\/p>\n<p>Net profit in October-December stood at Rs 11,640 crore, compared to Rs 10,251 crore profit in the same period a year back. Consolidated revenue however dipped 1.4 per cent to Rs 168,858 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 the third quarter.<\/p>\n<p>Retail business EBITDA rose 58 per cent to Rs 2,389 crore while telecom arm Jio posted a net profit of Rs 1,350 crore.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reliance Industries on Friday reported a 13.5 per cent rise in consolidated net profit to a record Rs 11,640 crore in the third quarter ended December 31, 2019, on the back of continued rise in consumer businesses of retail and telecom. Net profit in October-December stood at Rs 11,640 crore, compared to Rs 10,251 crore profit in the same period a year back. Consolidated revenue however dipped 1.4 per cent to Rs 168,858 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 a third of EDITDA [&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":[130,211,144],"tags":[],"class_list":["post-311082","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-pioneer","category-the-pioneer"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/311082","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=311082"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/311082\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=311082"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=311082"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=311082"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}