{"id":508209,"date":"2022-07-23T11:12:34","date_gmt":"2022-07-23T05:42:34","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=508209"},"modified":"2022-07-23T11:12:34","modified_gmt":"2022-07-23T05:42:34","slug":"ril-q1-profit-jumps-41-to-rs-19443-crore","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/ril-q1-profit-jumps-41-to-rs-19443-crore\/","title":{"rendered":"RIL Q1 profit jumps 41% to Rs 19,443 crore"},"content":{"rendered":"<p>Mumbai: Reliance Industries Ltd NSE 0.68 % (RIL NSE 0.68 %), India&#8217;s biggest company by market value, Friday reported a 41% jump in consolidated profit in the June quarter as cheaper Russian crude and robust fuel demand boosted refining margins, while consumer-facing retail and telecom segments also clocked higher revenues.<\/p>\n<p>Net profit came in at \u20b919,443 crore, missing Street estimates on higher taxes and lower-than-anticipated discounts on crude oil sourcing. A Bloomberg survey of analysts estimated Reliance NSE 0.68 % to post net profit in excess of \u20b922,000 crore. Last year in the April-June quarter, Reliance had reported a net profit of \u20b913,806 crore.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mumbai: Reliance Industries Ltd NSE 0.68 % (RIL NSE 0.68 %), India&#8217;s biggest company by market value, Friday reported a 41% jump in consolidated profit in the June quarter as cheaper Russian crude and robust fuel demand boosted refining margins, while consumer-facing retail and telecom segments also clocked higher revenues. Net profit came in at \u20b919,443 crore, missing Street estimates on higher taxes and lower-than-anticipated discounts on crude oil sourcing. A Bloomberg survey of analysts estimated Reliance NSE 0.68 % to post net profit in excess of \u20b922,000 crore. Last year in the April-June quarter, Reliance had reported a net [&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":[130,191,136],"tags":[],"class_list":["post-508209","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\/508209","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=508209"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/508209\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=508209"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=508209"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=508209"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}