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Reliance Industries reports 19% rise in Q2 consolidated net profit

19 Oct 2019 Evaluate

Reliance Industries has reported results for second quarter ended September 30, 2019.

The company has reported 9.52% rise in its net profit at Rs 9,702 crore for the quarter under review as compared to Rs 8,859 crore for the same quarter in the previous year. However, total income of the company decreased by 6.43% at Rs 94,389 crore for Q2FY20 as compared Rs 1,00,874 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 18.88% in its net profit at Rs 11,352 crore for the quarter under review as compared to Rs 9,549 crore for the same quarter in the previous year. Total income of the company increased by 5.77% at Rs 1,55,763 crore for Q2FY20 as compared Rs 1,47,268 crore for the corresponding quarter previous year.


Peers
Company Name CMP
Reliance Industries 1177.30
Indian Oil Corpn. 126.05
Bharat PetroleumCorp 286.70
HPCL 328.20
MRPL 174.00
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