{"id":149737,"date":"2023-07-24T09:35:09","date_gmt":"2023-07-24T13:35:09","guid":{"rendered":"https:\/\/44.250.171.167\/?p=149737"},"modified":"2023-07-24T09:35:10","modified_gmt":"2023-07-24T13:35:10","slug":"reliance-industries-ltd-q1fy24-6-fall-in-profits","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/reliance-industries-ltd-q1fy24-6-fall-in-profits\/","title":{"rendered":"Reliance Industries Ltd Q1FY24; 6% fall in Profits"},"content":{"rendered":"\n<p>Reliance Industries Limited is a Fortune 500 company and the largest private sector corporation in India. It has evolved from being a textiles and polyester company to an integrated player across energy, materials, retail, entertainment and digital services. Reliance&#8217;s products and services portfolio touches almost all Indians on a daily basis, across economic and social spectrums.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Financial Results:<\/h2>\n\n\n\n<p>Reliance Industries Ltd reported Revenues for Q1FY24 of \u20b92,07,559.00 Crores down from \u20b92,18,855.00 Crore year on year, a fall of 5.16%.<\/p>\n\n\n\n<p>Total Expenses for Q1FY24 of \u20b91,87,078.00 Crores down from \u20b91,94,096.00 Crores year on year, a fall of 3.62%.<\/p>\n\n\n\n<p>Consolidated Net Profit of \u20b918,258.00 Crores down 6.09% from \u20b919,443.00 Crores in the same quarter of the previous year.<\/p>\n\n\n\n<p>The Earnings per Share is \u20b923.67, down 10.81% from \u20b926.54 in the same quarter of the previous year.<\/p>\n\n\n\n<div class=\"wp-block-image is-style-default\"><figure class=\"aligncenter size-large\"><a href=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-177.png\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" width=\"839\" height=\"1024\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-177-839x1024.png\" alt=\"\" class=\"wp-image-149738\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-177-839x1024.png 839w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-177-246x300.png 246w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-177-768x937.png 768w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-177-1259x1536.png 1259w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-177.png 1489w\" sizes=\"auto, (max-width: 839px) 100vw, 839px\" \/><\/a><\/figure><\/div>\n\n\n\n<p>*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.<\/p>\n\n\n\n<p>*The presented data is automatically generated. It may occasionally generate incorrect information.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reliance Industries Limited is a Fortune 500 company and the largest private sector corporation in India. It has evolved from being a textiles and polyester company to an integrated player across energy, materials, retail, entertainment and digital services. Reliance&#8217;s products and services portfolio touches almost all Indians on a daily basis, across economic and social [&hellip;]<\/p>\n","protected":false},"author":1885,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[105,5753],"tags":[8206],"class_list":["post-149737","post","type-post","status-publish","format-standard","hentry","category-infographics","category-industrials","tag-conglomerates"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":152845,"url":"https:\/\/alphastreet.com\/india\/reliance-chemotex-industries-ltd-q1fy24-31-fall-in-profits\/","url_meta":{"origin":149737,"position":0},"title":"Reliance Chemotex Industries Ltd Q1FY24; 31% fall in Profits","author":"Karan_Singh","date":"August 11, 2023","format":false,"excerpt":"Reliance Chemotex Industries Ltd is primarily engaged in the manufacturing and sale of Synthetic & blended Yarn. Financial Results: Reliance Chemotex Industries Ltd reported Revenues for Q1FY24 of \u20b990.02 Crores down from \u20b9100.49 Crore year on year, a fall of 10.42%. Total Expenses for Q1FY24 of \u20b988.30 Crores down from\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-722.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-722.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-722.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-722.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-722.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-722.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":153679,"url":"https:\/\/alphastreet.com\/india\/reliance-communications-ltd-q1fy24-20-fall-in-revenue\/","url_meta":{"origin":149737,"position":1},"title":"Reliance Communications Ltd Q1FY24; 20% fall in Revenue","author":"Karan_Singh","date":"August 14, 2023","format":false,"excerpt":"Incorporated in 2004, Reliance Communications Ltd own and operate IP enabled connectivity infrastructure comprising of fibre optic cable systems. Financial Results: Reliance Communications Ltd reported Revenues for Q1FY24 of \u20b9100.00 Crores down from \u20b9125.00 Crore year on year, a fall of 20.0%. Total Expenses for Q1FY24 of \u20b9135.00 Crores down\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-999.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-999.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-999.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-999.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-999.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-999.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":152343,"url":"https:\/\/alphastreet.com\/india\/reliance-power-ltd-q1fy24-7-fall-in-revenue\/","url_meta":{"origin":149737,"position":2},"title":"Reliance Power Ltd Q1FY24; 7% fall in Revenue","author":"Karan_Singh","date":"August 10, 2023","format":false,"excerpt":"Reliance Power has been established to develop, construct and operate power projects both in India as well as internationally. The Company on its own and through its subsidiaries has a large portfolio of power generation capacity, both in operation as well as capacity under development. Financial Results: Reliance Power Ltd\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-558.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-558.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-558.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-558.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-558.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-558.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":153501,"url":"https:\/\/alphastreet.com\/india\/reliance-infrastructure-ltd-q1fy24-10-fall-in-revenue\/","url_meta":{"origin":149737,"position":3},"title":"Reliance Infrastructure Ltd Q1FY24; 10% fall in Revenue","author":"Karan_Singh","date":"August 14, 2023","format":false,"excerpt":"Reliance Infrastructure Ltd. is one of the largest infrastructure companies engaged in developing infrastructure projects through various Special Purpose Vehicles (SPVs) in several sectors such as power, roads, metro rail and airport in the infrastructure space and the defence sector. The Co. is also a leading utility Company having a\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-939.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-939.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-939.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-939.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-939.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-939.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":150519,"url":"https:\/\/alphastreet.com\/india\/reliance-home-finance-ltd-q1fy24-100-fall-in-revenue\/","url_meta":{"origin":149737,"position":4},"title":"Reliance Home Finance Ltd Q1FY24; 100% fall in Revenue","author":"Karan_Singh","date":"July 31, 2023","format":false,"excerpt":"RHFL was incorporated in 2009 as part of Reliance Capital group. It is registered as a housing finance company with National Housing Bank and is engaged in mortgage-based lending operations like home loan, affordable housing, LAP, construction finance. It also provides property solution services along with finance. The company has\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-410.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-410.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-410.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-410.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-410.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-410.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":154392,"url":"https:\/\/alphastreet.com\/india\/seya-industries-ltd-q1fy24-87-fall-in-revenue\/","url_meta":{"origin":149737,"position":5},"title":"Seya Industries Ltd Q1FY24; 87% fall in Revenue","author":"Hardik Bhandare","date":"August 21, 2023","format":false,"excerpt":"Incorporated in 1990, Seya Industries Ltd manufactures Specialty Chemicals intermediates Financial Results: Seya Industries Ltd reported Revenues for Q1FY24 of \u20b92.26 Crores down from \u20b917.70 Crore year on year, a fall of 87.23%. Total Expenses for Q1FY24 of \u20b95.71 Crores down from \u20b919.64 Crores year on year, a fall of\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1227.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1227.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1227.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1227.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1227.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1227.png?resize=1400%2C800&ssl=1 4x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/149737","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/1885"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=149737"}],"version-history":[{"count":0,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/149737\/revisions"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=149737"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=149737"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=149737"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}