{"id":613007,"date":"2023-10-28T09:40:27","date_gmt":"2023-10-28T04:10:27","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=613007"},"modified":"2023-10-28T10:38:37","modified_gmt":"2023-10-28T05:08:37","slug":"q2-results-all-round-show-delivers-27-4-net-profit-surge-for-ril","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/q2-results-all-round-show-delivers-27-4-net-profit-surge-for-ril\/","title":{"rendered":"Q2 results: All-round show delivers 27.4% net profit surge for RIL"},"content":{"rendered":"<p>Mukesh Ambani-promoted Reliance Industries Limited (RIL) on Friday reported a 27.4 per cent year-on-year (Y-o-Y) rise in its consolidated net profit for the September quarter (Q2FY24). <\/p>\n<p>While revenue growth of the company was flattish Y-o-Y, the profit rose on the back of operational improvement across most segments, especially higher profits in the O2C (oil-to-chemicals) and oil &amp; gas businesses, as well as the retail business. <\/p>\n<p> For Q2FY24, RIL\u2019s consolidated net profit came in at Rs 17,394 crore. Sequentially, it was up 8.6 per cent. According to Capitaline data, Q2 consolidated net sales and PBIDT (profit before interest, depreciation and taxation) were the highest ever for RIL in a quarter. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mukesh Ambani-promoted Reliance Industries Limited (RIL) on Friday reported a 27.4 per cent year-on-year (Y-o-Y) rise in its consolidated net profit for the September quarter (Q2FY24). While revenue growth of the company was flattish Y-o-Y, the profit rose on the back of operational improvement across most segments, especially higher profits in the O2C (oil-to-chemicals) and oil &amp; gas businesses, as well as the retail business. For Q2FY24, RIL\u2019s consolidated net profit came in at Rs 17,394 crore. Sequentially, it was up 8.6 per cent. According to Capitaline data, Q2 consolidated net sales and PBIDT (profit before interest, depreciation and taxation) [&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-613007","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\/613007","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=613007"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/613007\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=613007"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=613007"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=613007"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}