Reliance Industries Ltd.
18.75 (1.30%) Reliance industries reports 7% rise in Q1 consolidated net profit
Date: 20-07-2019Reliance industries has reported results for first quarter ended June 30, 2019.
The company has reported 2.45% rise in its net profit at Rs 9036 crore for the quarter under review as compared to Rs 8820 crore for the same quarter in the previous year. However, Total income of the company decreased by 1.60% at Rs 95981 crore for Q1FY20 as compared Rs 97540 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported a rise of 6.82% in its net profit at Rs 10104 crore for the quarter under review as compared to Rs 9459 crore for the same quarter in the previous year. Total income of the company increased by 21.99% at Rs 164495 crore for Q1FY20 as compared Rs 134847 crore for the corresponding quarter previous year.