Reliance Industries Q3 results: Profit rises marginally to Rs 18,645 crore; turnover increased 11%

Mukesh Ambani-led Reliance Industries Ltd (RIL) on Friday posted a marginal growth of 0.56% year-on-year (year-on-year) in consolidated net profit at Rs 18,645 crore in the third quarter. The profit is attributable to the shareholders of the company. Revenue from operations during the same period rose 11% year-on-year to Rs 2.69 lakh crore.On a sequential […]

RIL Q3 Preview: Strong O2C, Jio to Drive Revenue Growth; Retail growth is lagging behind

Reliance Industries Ltd (RIL) is expected to deliver steady performance in the December quarter, with brokers posting mid-single-digit growth in revenue and earnings, mainly supported by strength in its oil-to-chemicals and digital businesses, even as retail growth remains subdued and upstream pressure remains.According to an average estimate of seven brokers, RIL’s consolidated revenue in the […]