Reliance Industries Ltd.
15.90 (1.18%) RIL reports 28% rise in Q1 consolidated net profit
Date: 21-07-2017Reliance Industries (RIL) has reported results for first quarter ended June 30, 2017.
The company has reported 8.59% rise in its net profit at Rs 8,196 crore for the quarter under review as compared to Rs 7,548 crore for the same quarter in the previous year. The total income of the company increased by 17.60% at Rs 72,352 crore for Q1FY18 as compared Rs 61,526 crore for the corresponding quarter previous year.
On consolidate basis, the company has reported 28.29% rise in its net profit at Rs 9,079 crore for the quarter ended June 30, 2017 as compared to Rs 7,077 crore for the corresponding quarter in the FY17. Total consolidated income of the company increased by 25.51% at Rs 92,661 crore for quarter under review as compared to Rs 73,829 crore for the same quarter in the previous year.