{"id":397033,"date":"2021-01-23T11:02:22","date_gmt":"2021-01-23T05:32:22","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=397033"},"modified":"2021-01-23T12:17:57","modified_gmt":"2021-01-23T06:47:57","slug":"ril-q3-results-pat-rises-12-5-yoy-beats-estimates-sales-slump-21","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/ril-q3-results-pat-rises-12-5-yoy-beats-estimates-sales-slump-21\/","title":{"rendered":"RIL Q3 Results: PAT rises 12.5% YoY, beats estimates; sales slump 21%"},"content":{"rendered":"<p>MUMBAI: India\u2019s largest listed company Reliance Industries today reported a 12.5 per cent year-on-year rise in its consolidated net profit to Rs 13,101 crore, which was above analysts\u2019 estimates.<\/p>\n<p>The oil-to-telecom conglomerate reported consolidated revenues of Rs 1.2 lakh crore, up 21.10 per cent year-on-year.<\/p>\n<p>The weak topline performance of the company was attributable to the continued struggles of the refining business and retail business of the company due to the Covid-19 pandemic. <\/p>\n<p>Analysts had expected the city-based company to report a consolidated net profit of Rs. 11,420 crore on consolidated revenues of Rs 1.27 lakh crore.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MUMBAI: India\u2019s largest listed company Reliance Industries today reported a 12.5 per cent year-on-year rise in its consolidated net profit to Rs 13,101 crore, which was above analysts\u2019 estimates. The oil-to-telecom conglomerate reported consolidated revenues of Rs 1.2 lakh crore, up 21.10 per cent year-on-year. The weak topline performance of the company was attributable to the continued struggles of the refining business and retail business of the company due to the Covid-19 pandemic. Analysts had expected the city-based company to report a consolidated net profit of Rs. 11,420 crore on consolidated revenues of Rs 1.27 lakh crore.<\/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":[130,191,136],"tags":[],"class_list":["post-397033","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/397033","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=397033"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/397033\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=397033"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=397033"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=397033"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}