RIL Q3 Results: Profit up by 38% YoY to Rs 20,539 cr; revenue up by 54%.Eps at 28.1 Rs

RIL Q3 Results: Profit up by 38% YoY to Rs 20,539 cr; revenue up by 54%.Eps at 28.1 Rs

Reliance Industries on Friday reported a 37.90 percent year-on-year .Rise in net profit at Rs 20,539 crore for the December 2021 quarter,

Reliance Industries had reported a profit of Rs 14,894 crore in the corresponding quarter last year.

Reliance’s retail segment amounted to 23 per cent jump in YoY net profit while the telecom segment logged an 8.9 per cent rise in third-quarter profits, the company said in a BSE filing.

The consolidated revenue from operations grew 54.25 per cent YoY to Rs 1,91,271 crore from Rs 1,23,997 crore reported in the same quarter last.year. Net profit margin grew by 1.7% from 9.8 per cent to with 8.1 per cent in the September quarter and 10.8 per cent in the year-ago quarter.

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