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Reliance Industries Ltd Q1FY25; 4% fall in Profits

Reliance was founded by Dhirubhai Ambani and is now promoted and managed by his elder son, Mukesh Dhirubhai Ambani. Ambani’s family has about 50% shareholding in the conglomerate.

Financial Results:

Reliance Industries Ltd reported Revenues for Q1FY25 of ₹2,31,784.00 Crores up from ₹2,07,559.00 Crore year on year, a rise of 11.67%.

Total Expenses for Q1FY25 of ₹2,12,533.00 Crores up from ₹1,87,078.00 Crores year on year, a rise of 13.61%.

Consolidated Net Profit of ₹17,445.00 Crores down 4.45% from ₹18,258.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹22.37, down 5.49% from ₹23.67 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

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