Reliance Industries reports significant growth in Q3FY24 with telecom and retail segments leading the way. Check out the full highlights here!
Reliance Industries recently disclosed its Q3FY24 results, showcasing impressive performance across various segments. The conglomerate, led by Mukesh Ambani, reported a notable 11% rise in net profit, amounting to Rs 19,641 crore, with substantial contributions from the telecom and retail divisions. The gross revenue for the quarter surged by 3.2% to Rs 2,48,160 crore, demonstrating the company's robust financial health.
Additionally, Reliance Jio, the telecom arm of Reliance Industries, witnessed a 12.3% increase in net profit during the third quarter of FY24, reaching Rs 5,208 crore. The revenue from operations grew by 10.3% year-on-year to Rs 25,368 crore, reflecting the continuous expansion and success of Jio in the Indian market.
Furthermore, the oil-to-chemicals segment of Reliance Industries saw a 9.3% rise in consolidated revenue, reaching Rs 2.28 lakh crore. Despite missing some estimates, the company's overall performance remained robust, showcasing its resilience amidst challenging market conditions.
In conclusion, Reliance Industries' Q3 results underscore its solid position in the market, with Jio and retail sectors driving substantial growth. The consistent rise in net profit and revenue across key divisions reaffirms the conglomerate's strong market presence and strategic business approach.
Reliance Q3 results: Reliance Industries reports decent Q3FY24 numbers with telecom and retail segments contributing significantly to revenue and EBITDA.
RIL Q3 results: Gross revenue for the quarter grew 3.2 per cent to Rs 2,48160 crore.
Reliance Q3 Results Live Updates: India's most valued company, Reliance Industries posted 3 percent rise in revenue from operations at Rs 2.48 lakh crore ...
Reliance Q3 Results Live Updates: India's biggest firm my market capitalisation Reliance Industries will post its Q3 results today.
The Mukesh Ambani-led conglomerate said its consolidated revenue from operations rose 3.6% to ₹2.28 lakh crore. Revenue from the company's oil-to-chemicals ...
देश की सबसे बड़ी वैल्यूएबल कंपनी रिलायंस इंडस्ट्रीज ने बाजार बंद होने के बाद अपनी इंफोकॉम कंपनी जियो (JIO) के दिसंबर तिमाही नतीजे जारी ...
Reliance Q3 Results: रिलायंस इडंस्ट्रीज ने शुक्रवार 19 जनवरी को मौजूदा वित्त वर्ष की अक्टूबर-दिसंबर तिमाही के नतीजे जारी किए।
Reliance Jio Q3 Results: रिलायंस जियो (Reliance Jio Infocomm) ने वित्त वर्ष-24 की तीसरी तिमाही (FY24Q3) के रिजल्ट्स जारी कर दिए हैं।
The figure was higher than an ETNow poll of Rs 16944 crore. Consolidated revenue from operations grew 3.6% YoY to Rs 2.28 lakh crore, tad lower than the ...
Reliance Q3 Results: अक्टूबर से दिसंबर की तीसरी तिमाही में रिलायंस इंडस्ट्रीज को 11 फीसदी के उछाल के साथ 19641 करोड़ रुपये का मुनाफा हुआ है.
RIL Q3 Results: तीसरी तिमाही में रिलायंस का मुनाफा सालाना आधार पर 9.3% बढ़कर 17265 करोड़ हुआ, आंकड़े जारी.
Billionaire Mukesh Ambani-led energy-to-telecom conglomerate's gross revenue in the third quarter of current fiscal rose 3.2 per cent year-on-year (YoY) to ₹2, ...
Reliance Q3 Results LIVE: Reliance Industries Ltd (RIL), the top Indian company by market capitalisation, is set to announce its financial results on Friday ...
Revenue increased 10.3% YoY to Rs 25368 crore. Sequentially, the bottomline rose nearly 3% and the topline grew 2.5%. Total expenses for the December ...
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The telecom operations of Mukesh Ambani's Reliance Industries' revenue from operations stood at ₹25,368 crore, up 2.5% during the quarter ended December from ...
Mukesh Ambani, Chairman and Managing Director, Reliance Industries Limited said: "I am happy to share that Jio has completed in India the fastest rollout of ...
This growth was tempered by weakness in the energy segment, which offset steady profit growth in RIL's retail and telecom businesses. Also, Mukesh Ambani, RIL's ...
However, after the announcement of Reliance results for Q3FY24, Reliance GDR price in the UK stock market ended 1.50% lower at $65.10 per share level. During ...
RIL Q3: Net debt was up 1 per cent sequentially to Rs 1.19 lakh crore, due to pay-down of creditors for capex. RIL, said Emkay, stated that its new energy ...
Reliance Jio Q3 Results: Reliance Industries' telecom venture, Jio, recently released its financial results for the third quarter of December 2023.