{"id":571367,"date":"2023-04-24T09:34:50","date_gmt":"2023-04-24T04:04:50","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=571367"},"modified":"2023-04-24T10:14:02","modified_gmt":"2023-04-24T04:44:02","slug":"ril-q4-results-net-profit-rises-19-to-rs-19299-cr-beats-estimates","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/ril-q4-results-net-profit-rises-19-to-rs-19299-cr-beats-estimates\/","title":{"rendered":"RIL Q4 results: Net profit rises 19% to Rs 19,299 cr, beats estimates"},"content":{"rendered":"<p>Mukesh Ambani-led Reliance Industries (RIL) on Friday reported a consolidated net profit of Rs 19,299 crore for the quarter ended March (Q4FY23). This was up nearly 19 per cent year-on-year (YoY) from Rs 16,203 crore, helped by the performance of its mainstay energy unit. This is the company&#8217;s highest-ever quarterly net profit. <\/p>\n<p>The net profit of Rs 19,299 crore in January-March 2023 compares to Rs 16,203 crore earning a year back. <\/p>\n<p>RIL\u2019s revenue from operations rose to Rs 2.16 trillion from Rs 2.11 trillion in January-March 2022. <\/p>\n<p>O2C business, which had a great run for two years on higher demand for transportation fuels, was dented by the government&#8217;s windfall tax on fuel exports.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mukesh Ambani-led Reliance Industries (RIL) on Friday reported a consolidated net profit of Rs 19,299 crore for the quarter ended March (Q4FY23). This was up nearly 19 per cent year-on-year (YoY) from Rs 16,203 crore, helped by the performance of its mainstay energy unit. This is the company&#8217;s highest-ever quarterly net profit. The net profit of Rs 19,299 crore in January-March 2023 compares to Rs 16,203 crore earning a year back. RIL\u2019s revenue from operations rose to Rs 2.16 trillion from Rs 2.11 trillion in January-March 2022. O2C business, which had a great run for two years on higher demand [&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-571367","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\/571367","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=571367"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/571367\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=571367"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=571367"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=571367"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}