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Reliance Industries reports 43% rise in Q2 consolidated net profit

23 Oct 2021 Evaluate

Reliance Industries has reported results for second quarter ended September 30, 2021.

The company has reported 44.07% rise in its net profit at Rs 9228 crore for the quarter under review as compared to net profit of Rs 6405 crore for the same quarter in the previous year. Total income of the company increased by 63.87% at Rs 107187 crore for Q2FY22 as compared Rs 65410 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported 43% rise in its net profit attributable to owners of the company at Rs 13,680 crore for the quarter under review as against net profit of Rs 9,567 crore for the same quarter in the previous year. Total income of the company increased by 48.06% at Rs 178,328 crore for Q2FY22 as compared Rs 120,444 crore for the corresponding quarter previous year.

Peers
Company Name CMP
Reliance Industries 1275.00
Indian Oil Corpn. 135.30
Bharat PetroleumCorp 303.00
HPCL 354.00
MRPL 181.35
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