X

Reliance Industries Ltd Q2FY25; 3% 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 Q2FY25 of ₹2,31,535.00 Crores down from ₹2,31,886.00 Crore year on year, a fall of 0.15%.

Total Expenses for Q2FY25 of ₹2,11,374.00 Crores up from ₹2,09,234.00 Crores year on year, a rise of 1.02%.

Consolidated Net Profit of ₹19,323.00 Crores down 2.79% from ₹19,878.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹24.48, down 4.78% from ₹25.71 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.

Related Post