{"id":381688,"date":"2020-11-02T11:24:34","date_gmt":"2020-11-02T05:54:34","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=381688"},"modified":"2020-11-02T11:24:34","modified_gmt":"2020-11-02T05:54:34","slug":"reliance-profit-down-15-retail-telecom-cushion-fall","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/reliance-profit-down-15-retail-telecom-cushion-fall\/","title":{"rendered":"Reliance profit down 15%, retail, telecom cushion fall"},"content":{"rendered":"<p>NEW DELHI:  Reliance Industries (RIL) on Friday announced a 15.05 per cent year-on-year (YoY) drop in consolidated net profit at Rs 9,567 crore for the quarter ended September 30, primarily due to a weak oil business struggling with Covid-19 led disruptions. The company had posted a net profit of Rs 11,262 crore in the corresponding period last year.<\/p>\n<p>The consolidated revenue of the refining-to-retail conglomerate shrank 24.25 per cent to Rs 1.16 lakh crore as against Rs 1.53 lakh crore a year ago. The Mumbai-headquartered company reported a 36 per cent dip in revenue from its refining business on an annual basis.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI: Reliance Industries (RIL) on Friday announced a 15.05 per cent year-on-year (YoY) drop in consolidated net profit at Rs 9,567 crore for the quarter ended September 30, primarily due to a weak oil business struggling with Covid-19 led disruptions. The company had posted a net profit of Rs 11,262 crore in the corresponding period last year. The consolidated revenue of the refining-to-retail conglomerate shrank 24.25 per cent to Rs 1.16 lakh crore as against Rs 1.53 lakh crore a year ago. The Mumbai-headquartered company reported a 36 per cent dip in revenue from its refining business on an [&hellip;]<\/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":[130,207,143],"tags":[],"class_list":["post-381688","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-new-indian-express","category-the-new-indian-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/381688","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=381688"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/381688\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=381688"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=381688"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=381688"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}