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Reliance Industries Ltd Q3FY24; 10% rise 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 Q3FY24 of ₹2,25,086.00 Crores up from ₹2,16,737.00 Crore year on year, a rise of 3.85%.

Total Expenses for Q3FY24 of ₹2,03,122.00 Crores up from ₹1,97,112.00 Crores year on year, a rise of 3.05%.

Consolidated Net Profit of ₹19,641.00 Crores up 10.31% from ₹17,806.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹25.52, up 9.34% from ₹23.34 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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