{"id":463434,"date":"2022-01-22T12:05:33","date_gmt":"2022-01-22T06:35:33","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=463434"},"modified":"2022-01-22T13:14:20","modified_gmt":"2022-01-22T07:44:20","slug":"reliance-q3-net-jumps-41-5-as-two-rs-fire-on-all-cylinders","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/reliance-q3-net-jumps-41-5-as-two-rs-fire-on-all-cylinders\/","title":{"rendered":"Reliance Q3 net jumps 41.5% as &#8216;two Rs&#8217; fire on all cylinders"},"content":{"rendered":"<p>Billionaire Mukesh Ambani&#8217;s Reliance Industries Ltd on Friday reported a 41.5 per cent rise in its third-quarter net profit, helped by an uptick in two &#8216;Rs&#8217; &#8212; refining and retail, a recent tariff hike accelerating growth at Jio and a one-off gain from sale of US shale gas business. <\/p>\n<p>The oil-to-retail-to-telecom conglomerate&#8217;s consolidated net profit climbed 35.6 per cent sequentially and 41.5 per cent over the year-ago period to Rs 18,549 crore in the quarter ended December 31, 2021, the firm said in a statement.<\/p>\n<p>Consolidated revenue of the nation&#8217;s biggest company by market value rose 9.5 per cent over the previous three months and 52.2 per cent year-on-year to Rs 209,823 crore.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Billionaire Mukesh Ambani&#8217;s Reliance Industries Ltd on Friday reported a 41.5 per cent rise in its third-quarter net profit, helped by an uptick in two &#8216;Rs&#8217; &#8212; refining and retail, a recent tariff hike accelerating growth at Jio and a one-off gain from sale of US shale gas business. The oil-to-retail-to-telecom conglomerate&#8217;s consolidated net profit climbed 35.6 per cent sequentially and 41.5 per cent over the year-ago period to Rs 18,549 crore in the quarter ended December 31, 2021, the firm said in a statement. Consolidated revenue of the nation&#8217;s biggest company by market value rose 9.5 per cent over [&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":[146,130,177],"tags":[],"class_list":["post-463434","post","type-post","status-publish","format-standard","hentry","category-deccan-herald-newspapers","category-newspapers","category-oil-gas-deccan-herald-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/463434","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=463434"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/463434\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=463434"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=463434"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=463434"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}