{"id":629590,"date":"2024-01-20T10:41:22","date_gmt":"2024-01-20T05:11:22","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=629590"},"modified":"2024-01-20T12:42:19","modified_gmt":"2024-01-20T07:12:19","slug":"reliance-industries-q3-net-profit-up-10-at-rs-19641-crore-consumer-business-growth-support-gross-revenue","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/reliance-industries-q3-net-profit-up-10-at-rs-19641-crore-consumer-business-growth-support-gross-revenue\/","title":{"rendered":"Reliance Industries Q3 Net profit up 10% at Rs 19,641 crore, consumer business growth support gross revenue"},"content":{"rendered":"<p>Oil &amp; Gas major, Mukesh Ambani-led Reliance Industries has recorded a positive Q3FY24 performance. The Net Profit has come in at Rs 19,641 crore, up 10% YoY from Rs 17,706 crore in Q3FY23. The gross revenue for Q3 came in at Rs 248,160 crore up 3% YoY from Rs 240,532 crore in the same quarter last fiscal supported by continued growth momentum in consumer businesses. Revenue from Oil &amp; Gas segment increased significantly mainly on account of higher volumespartly offset by lower gas price realisation from KG D6 field.<\/p>\n<p>EBITDA increased by 16.7% Y-o-Y to Rs 44,678 crore ($ 5.4 billion). The key contributors include: <\/p>\n<p>-11.5% Y-o-Y increase in JPL EBITDA with higher revenue and increase in margins.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil &amp; Gas major, Mukesh Ambani-led Reliance Industries has recorded a positive Q3FY24 performance. The Net Profit has come in at Rs 19,641 crore, up 10% YoY from Rs 17,706 crore in Q3FY23. The gross revenue for Q3 came in at Rs 248,160 crore up 3% YoY from Rs 240,532 crore in the same quarter last fiscal supported by continued growth momentum in consumer businesses. Revenue from Oil &amp; Gas segment increased significantly mainly on account of higher volumespartly offset by lower gas price realisation from KG D6 field. EBITDA increased by 16.7% Y-o-Y to Rs 44,678 crore ($ 5.4 [&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":[130,195,138],"tags":[],"class_list":["post-629590","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-financial-express","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/629590","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=629590"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/629590\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=629590"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=629590"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=629590"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}