{"id":349304,"date":"2020-05-02T11:50:10","date_gmt":"2020-05-02T06:20:10","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=349304"},"modified":"2020-05-02T12:48:12","modified_gmt":"2020-05-02T07:18:12","slug":"jio-bucks-trend","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/jio-bucks-trend\/","title":{"rendered":"Jio bucks trend"},"content":{"rendered":"<p>Reliance Industries Ltd (RIL) on Friday reported strong numbers for its telecom business Jio in the fourth quarter even as consolidated net profit of the company fell both on a year-to-year and sequential basis with the oil and retail businesses disappointing in a period where the coronavirus left its calling card on the entire economy. <\/p>\n<p>Reliance missed street estimates as a fall in oil prices impacted inventory valuation. <\/p>\n<p>The company reported a consolidated net profit of Rs 6,546 crore, a fall of 37 per cent over Rs 10,427 crore in the same period of last year and a drop of almost 45 per cent on a sequential basis.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reliance Industries Ltd (RIL) on Friday reported strong numbers for its telecom business Jio in the fourth quarter even as consolidated net profit of the company fell both on a year-to-year and sequential basis with the oil and retail businesses disappointing in a period where the coronavirus left its calling card on the entire economy. Reliance missed street estimates as a fall in oil prices impacted inventory valuation. The company reported a consolidated net profit of Rs 6,546 crore, a fall of 37 per cent over Rs 10,427 crore in the same period of last year and a drop of [&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":[130,215,148],"tags":[],"class_list":["post-349304","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-telegraph","category-the-telegraph"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/349304","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=349304"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/349304\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=349304"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=349304"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=349304"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}