I hope you enjoy reading this article.
If you want my team to cover your story, write us at [email protected]

VARSHA SHARMA, Co-Founder


RIL announced a 26% increase in its third-quarter profit to Rs 14,894 crore.

  • Home
  • /
  • Blog
  • /
  • Corporate
  • /
  • RIL announced a 26% increase in its third-quarter profit to Rs 14,894 crore.

Reliance Industries (RIL), India’s largest company in terms of market value, reported a 26% rise in its third-quarter profit to Rs 14,894 crore, benefiting from higher price realizations in its digital services and retail businesses. Revenue declined 21% to Rs 1.2 lakh crore, it said on Friday. The company said from the third quarter, it will disclose O2C as a separate business segment after it decided to combine its traditional refining and petrochemicals units. RIL’s consumer business accounted for 51% of its operating profit compared to 37% in the year-ago period.

January 23

0 comments

Govind Dadhich, Founder

This was a fun article to read, I hope you enjoyed it.

Subscribe to the Newsletter! Get the latest Business Articles delivered straight to your inbox


Tags

short-news


You may also like