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Reliance Industries reports 38% rise in Q3 consolidated net profit

22 Jan 2022 Evaluate

Reliance Industries has reported results for third quarter ended December 31, 2021.

The company has reported a rise of 17.84% in its net profit at Rs 10,167 crore for the quarter under review as compared to Rs 8,628 crore for the same quarter in the previous year. Total income of the company increased by 70.16% at Rs 120,839 crore for Q3FY22 as compared Rs 71,016 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 37.90% in its net profit at Rs 20,539 crore for the quarter under review as compared to Rs 14,894 crore for the same quarter in the previous year. Total income of the company increased by 52.08% at Rs 195,318 crore for Q3FY22 as compared Rs 128,450 crore for the corresponding quarter previous year.

Peers
Company Name CMP
Reliance Industries 1236.00
Indian Oil Corpn. 132.20
Bharat PetroleumCorp 299.00
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MRPL 166.95
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