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Reliance Industries reports 10% rise in Q3 consolidated net profit

20 Jan 2024 Evaluate

Reliance Industries has reported results for third quarter ended December 31, 2023 (Q3FY24). 

The company has reported 18.52% rise in net profit at Rs 9,924 crore for the quarter ended December 31, 2023 as compared to Rs 8,373 crore for the same quarter in the previous year. Total income of the company increased by 1.28% at Rs 133,548 crore for Q3FY24 as compared Rs 131,856 crore for corresponding quarter of the previous year.

On consolidated basis, the company reported 10.31% rise in its net profit at Rs 19,641 crore for Q3FY24 as compared to Rs 17,806 crore for the same quarter in the previous year. Total income of the company increased by 3.82% at Rs 231,839 crore for Q3FY24 as compared Rs 223,311 crore for corresponding quarter of the previous year.

Peers
Company Name CMP
Reliance Industries 1166.00
Indian Oil Corpn. 132.00
Bharat PetroleumCorp 301.00
HPCL 346.00
MRPL 164.70
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