Reliance Industries Profit Rises 43% To Rs 13,680 Crore In September Quarter


Reliance Q2 Results: Revenue from operations jumped 50 per cent in second quarter

The country’s most valued company – Reliance Industries – on Friday reported net profit of Rs 13,680 crore in quarter ended September 30, 2021, marking a rise of 42.99 per cent from the same quarter last year on the back of higher demand of oil products. Reliance Industries total expenses in the quarter jumped almost 45 per cent annually to Rs 159,133 crore.

The oil-to-telecom conglomerate’s revenue from operations in the second quarter of the current fiscal advanced 50 per cent to Rs 1.74 lakh crore compared to Rs 1.16 lakh crore in the year ago period.

On Friday, October 22, shares of Reliance settled 0.15 per cent higher at Rs 2,627.05 apiece on the BSE.

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