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Reliance Industries reports 41% rise in Q1 consolidated net profit

23 Jul 2022 Evaluate

Reliance Industries has reported results for first quarter ended June 30, 2022.

The company has reported a rise of 75.64% in its net profit at Rs 15,096 crore for the quarter under review as compared to Rs 8,595 crore for the same quarter in the previous year. Total income of the company increased by 63.42% at Rs 153,874 crore for Q1FY23 as compared Rs 94,158 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 40.83% in its net profit at Rs 19,443 crore for the quarter under review as compared to Rs 13,806 crore for the same quarter in the previous year. Total income of the company increased by 51.66% at Rs 225,360 crore for Q1FY23 as compared to Rs 148,591 crore for the corresponding quarter previous year.

Peers
Company Name CMP
Reliance Industries 1186.10
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