December 24, 2024 08:42 am (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
India refrains from commenting on extradition request for ousted Bengladeshi PM Sheikh Hasina | I don't blame Allu Arjun, ready to withdraw case: Pushpa 2 stampede victim's husband | Indian New Wave Cinema Architect Shyam Benegal dies at age 90 | Cylinder blast at a temple in Karnataka's Hubbali injures nine people | Kuwait PM personally sees off Modi at airport as Indian premier concludes two-day trip | Three pro-Khalistani terrorists, who attacked a police outpost in Gurdaspur, killed in an encounter | Who is Sriram Krishnan, an Indian-American picked by Donald Trump as US AI policy advisor? | Mohali building collapse: Death toll rises to 2, many feared trapped for 17 hours | 4-year-old killed after speeding car driven by a teen hits him in Mumbai | PM Modi attends opening ceremony of Arabian Gulf Cup in Kuwait

RIL consolidated profit in June quarter up 12 per cent sequentially

| | Jul 21, 2017, at 12:36 am
Mumbai, Jul 20 (IBNS): Reliance Industries Limited (RIL) reported its financial performance for the quarter ended June 30, 2017 on Thursday.

According to media reports, the company beat analysts' estimates to post consolidated profit of Rs 9,079 crore, up 12.7 percent sequentially, partly driven by one-time gain of Rs 1,087 crore.

The company reported record quarterly standalone net profit of Rs 8,196 crore, up 8.6%.

Mukesh D. Ambani, Chairman and Managing Director, Reliance Industries Limited said, "Our industry leading portfolio of assets in the refining and
petrochemicals business contributed to considerable improvement in our earnings for the quarter."


Image: Dhanraj Nathwani Twitter

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.