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Reliance Industries Ltd Q4FY24; 0% 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 Q4FY24 of ₹2,36,533.00 Crores up from ₹2,12,834.00 Crore year on year, a rise of 11.13%.

Total Expenses for Q4FY24 of ₹2,13,347.00 Crores up from ₹1,91,749.00 Crores year on year, a rise of 11.26%.

Consolidated Net Profit of ₹21,243.00 Crores down 0.39% from ₹21,327.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹28.01, down 1.82% from ₹28.53 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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