{"id":365669,"date":"2020-07-31T10:20:32","date_gmt":"2020-07-31T04:50:32","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=365669"},"modified":"2020-07-31T10:25:54","modified_gmt":"2020-07-31T04:55:54","slug":"rils-profit-before-tax-dips-6-petroleum-retail-biz-valued-at-2-04-bn","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/rils-profit-before-tax-dips-6-petroleum-retail-biz-valued-at-2-04-bn\/","title":{"rendered":"RIL&#8217;s profit before tax dips 6%; petroleum retail biz valued at $2.04 bn"},"content":{"rendered":"<p>Reliance Industries Ltd on Thursday reported a 6 per cent fall in profit before tax at Rs 13,508 crore in the quarter ended June 30, 2020 as against a PBT of Rs 14,366 crore reported during the same quarter last year. <\/p>\n<p>The company&#8217;s net profit, however, rose about 31 per cent to Rs 13,248 crore during April-June 2020 against Rs 10,141 crore in the same quarter last year. Its total income stood at Rs 95,626 crore against Rs 165,199 crore recorded in April-June 2019 indicating improved margins. <\/p>\n<p>The outbreak of the Covid-19 pandemic globally and in India is causing significant disturbances and leading to a slowdown of economic activity, the company said in a statement. \u201cThe group\u2019s operations and revenue during the current quarter were impacted due to Covid-19. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reliance Industries Ltd on Thursday reported a 6 per cent fall in profit before tax at Rs 13,508 crore in the quarter ended June 30, 2020 as against a PBT of Rs 14,366 crore reported during the same quarter last year. The company&#8217;s net profit, however, rose about 31 per cent to Rs 13,248 crore during April-June 2020 against Rs 10,141 crore in the same quarter last year. Its total income stood at Rs 95,626 crore against Rs 165,199 crore recorded in April-June 2019 indicating improved margins. The outbreak of the Covid-19 pandemic globally and in India is causing significant [&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":[135,130,169],"tags":[],"class_list":["post-365669","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-oil-gas-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/365669","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=365669"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/365669\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=365669"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=365669"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=365669"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}