page contents

Reliance Industries reported 11.5% growth in profits in July-September quarter to Rs 11,262 crore.

In terms of market cap, the July-September quarter profit of the country’s largest company Reliance Industries Ltd increased by 11.5 percent to Rs 11,262 crore. At the same time, the company’s revenue during this period has been Rs 1.48 lakh crore. Let us tell you that after the opening of the stock market, the company’s market cap had crossed Rs 9 lakh crore due to the rise in the share of Reliance Industries. Reliance has become the first company in the country to do so. However, the market cap of Reliance Industries at the closing of the stock market has been Rs 8.97 lakh crore.

A look at the quarterly results of Reliance Industries – Reliance’s July-September profit has increased from Rs 10,104 crore to Rs 11,262 crore. At the same time, the company’s revenue during this period has been Rs 1.48 lakh crore.The company’s EBITDA has grown by 4 percent. It has increased from Rs 22,315 crore to Rs 22,152 crore. Apart from this, there has been a good increase in margins. It has increased from 13.60 percent to 14.91 percent.

In the second quarter, the income from Reliance Industries’ petrochemical business grew by 2.5 per cent to Rs 38,538 crore.

>>  EBITDA of the company’s petrochemical business has increased from Rs 7,508 crore to Rs 7,602 crore in the second quarter.

>>  All major businesses of Reliance Retail including Consumer Electronics, Grocery, Fashion and Lifestyle saw tremendous growth, with margins also registering growth in the quarter.

 Reliance Retail operates 8,000 consumer electronics stores. It has become the largest company in the world to run so many consumer electronics stores.

Strong growth in retail business continues –  Reliance Industries’ revenue from retail business grew 27 per cent to Rs 41,202 crore in the second quarter. The company has opened 337 new stores in the second quarter. The company’s total stores increased to 10,901 in the second quarter. >>  The EBITDA of the company’s retail business increased from Rs 1,244 crore to Rs 2,035 crore. The EBITDA margin of the retail business increased to 4.9 percent from 3.8 percent in the previous quarter. Reliance’s refining business performed well. 

In the second quarter, the income from Reliance Industries’ refining business stood at Rs 97,229 crore. In the second quarter, the EBITDA of the company’s refining business increased from Rs 4,508 crore to Rs 4,957 crore. The EBITDA margin of the company’s refining business during this period increased to 5.1 per cent from 4.4 per cent in the previous quarter.

Leave a Reply