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RIL reports 13% rise in Q2 consolidated net profit

14 Oct 2017 Evaluate

Reliance Industries (RIL) has reported results for second quarter ended September 30, 2017

The company has reported a rise of 7.28% in its net profit at Rs 8,265 crore for the quarter under review as compared to net profit of Rs 7,704 crore for the same quarter in the previous year. Total income of the company increased by 10.80% at Rs 73,818 crore for Q2FY18 as compared Rs 66,624 crore for the corresponding quarter previous year.

On consolidate basis, the company has reported 12.79% rise in its net profit at Rs 8,097 crore for the quarter ended September 30, 2017 as compared to Rs 7,179 crore for the corresponding quarter in the FY17. Total income of the company increased by 15.89% at Rs 97,402 crore for quarter under review as compared to Rs 84,044 crore for the same quarter in the previous year.

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