- Economy
- Education And Career
- Companies & Markets
- Gadgets & Technology
- After Hours
- Healthcare
- Banking & Finance
- Entrepreneurship
- Energy & Infra
- Case Study
- Video
- More
- Sustainability
- Web Exclusive
- Opinion
- Luxury
- Legal
- Property Review
- Cloud
- Blockchain
- Workplace
- Collaboration
- Developer
- Digital India
- Infrastructure
- Work Life Balance
- Test category by sumit
- Sports
- National
- World
- Entertainment
- Lifestyle
- Science
- Health
- Tech
RIL Q2 FY23 Results: Consolidated YoY Net Profit Flat At Rs 13,656 Cr
The company's consolidated operating profit in the quarter, including the impact of special additional excise duty imposed by the government in July, surged 14.5 percent on-year to Rs 34,663 crore, RIL said
Photo Credit : Reuters
Reliance Industries on October 21 reported a consolidated net profit of Rs 13,656 crore for the quarter ended September as against Rs 13,680 crore in the year-ago quarter.
Revenues surged 33.7 percent to Rs 2.32 lakh crore led by strong performance of the oil-to-chemical, telecom and retail operations in the quarter.
The company's consolidated operating profit in the quarter, including the impact of special additional excise duty imposed by the government in July, surged 14.5 percent on-year to Rs 34,663 crore, RIL said.
The company said that excluding for the impact of the special excise duty, consolidated operating profit in the reported quarter rose 27.8 percent on-year to Rs 38,702 crore.
"I am pleased with the record performance of our consumer businesses which continue to scale new milestones every quarter," said Chairman and Managing Director Mukesh Ambani in a press statement.