Active Stocks
Thu Oct 17 2024 15:58:31
  1. Tata Steel share price
  2. 152.35 -1.87%
  1. State Bank Of India share price
  2. 810.90 0.63%
  1. Reliance Industries share price
  2. 2,713.45 0.20%
  1. Wipro share price
  2. 528.80 -0.65%
  1. Tata Motors share price
  2. 891.70 -1.70%
Business News/ Companies / Company Results/  Reliance Q1 Results Updates: Net profit declines 5.4% YoY to 15,138 crore, revenue up 11%
BackBack

Reliance Q1 Results Updates: Net profit declines 5.4% YoY to ₹15,138 crore, revenue up 11%

Reliance Q1 Results Updates: Reliance Industries Ltd (RIL), the energy-to-telecom-to-retail conglomerate, posted a 5.4 per cent year-on-year (YoY) decline in its net profit to 15,138 crore, meanwhile, revenue from operations surged over 11 per cent to 2.36 lakh crore.

Reliance Q1 Results Live Updates: Retail, Jio, oil & gas likely to drive earnings growth; O2C biz may decline (Photo: Bloomberg)Premium
Reliance Q1 Results Live Updates: Retail, Jio, oil & gas likely to drive earnings growth; O2C biz may decline (Photo: Bloomberg)

Reliance Q1 Results Updates: Reliance Industries Ltd (RIL), the billionaire Mukesh Ambani-led energy-to-telecom-to-retail conglomerate, reported a 5.4% year-on-year decline in net profit to 15,138 crore. However, revenue from operations increased by over 11% to 2.36 lakh crore. EBITDA increased by 2% year-on-year (YoY) to 42,748 crore, led by strong contribution from Oil & Gas and consumer business offset weak O2C.

Recommended For You