{"id":571537,"date":"2023-04-24T11:34:03","date_gmt":"2023-04-24T06:04:03","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=571537"},"modified":"2023-04-24T13:07:44","modified_gmt":"2023-04-24T07:37:44","slug":"reliance-posts-highest-ever-quarterly-profit-of-rs-19299-crore","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/reliance-posts-highest-ever-quarterly-profit-of-rs-19299-crore\/","title":{"rendered":"Reliance posts highest-ever quarterly profit of Rs 19,299 crore"},"content":{"rendered":"<p>Reliance Industries Ltd on Friday reported its highest-ever quarterly net profit of Rs 19,299 crore in January-March on the back of stronger earnings from the oil and petrochemicals business and steady growth in retail and telecom operations.<\/p>\n<p>The oil-to-retail-to-telecom conglomerate&#8217;s consolidated net profit of Rs 19,299 crore, or Rs 28.52 per share, in January-March compared to Rs 16,203 crore, or Rs 23.95 a share, earnings in the same period a year back, according to the company&#8217;s stock exchange filing and press statement.<\/p>\n<p>A stronger margin from refining crude oil into products like petrol and diesel, resilient fuel exports earnings on lower windfall tax and chemical business witnessing a buoyancy from the use of ethane as feedstock drove oil-to-chemical (O2C) business.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reliance Industries Ltd on Friday reported its highest-ever quarterly net profit of Rs 19,299 crore in January-March on the back of stronger earnings from the oil and petrochemicals business and steady growth in retail and telecom operations. The oil-to-retail-to-telecom conglomerate&#8217;s consolidated net profit of Rs 19,299 crore, or Rs 28.52 per share, in January-March compared to Rs 16,203 crore, or Rs 23.95 a share, earnings in the same period a year back, according to the company&#8217;s stock exchange filing and press statement. A stronger margin from refining crude oil into products like petrol and diesel, resilient fuel exports earnings on [&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":[130,223,150],"tags":[],"class_list":["post-571537","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-tribune","category-the-tribune"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/571537","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=571537"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/571537\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=571537"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=571537"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=571537"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}