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Reliance Industries reports 13% rise in Q3 consolidated net profit

18 Jan 2020 Evaluate

Reliance Industries has reported results for third quarter ended December 31, 2019.

The company has reported 7.36% rise in its net profit at Rs 9,585 crore for the quarter under review as compared to Rs 8,928 crore for the same quarter in the previous year. However, total income of the company decreased by 11.60% at Rs  94,106 crore for Q3FY20 as compared Rs 10,6454 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 13.55% in its net profit at Rs 11,640 crore for the quarter under review as compared to Rs 10,251 crore for the same quarter in the previous year. The net profit which represents the owner’s share includes an exceptional item - an expense of Rs 177 crore on account of liability towards license fees. However, total income of the company decreased by 1.72% at Rs 160447 crore for Q3FY20 as compared Rs 163260 crore for the corresponding quarter previous year.

Reliance Industries Share Price

1300.00 -4.20 (-0.32%)
05-Jun-2026 09:31 View Price Chart
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Company Name CMP
Reliance Industries 1300.00
Indian Oil Corp. 138.70
BPCL 294.35
HPCL 387.85
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