HomeStock MarketReliance Q2 net profit rises 27.4% to Rs 17,394 crore, revenue flat

Reliance Q2 net profit rises 27.4% to Rs 17,394 crore, revenue flat

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RIL Q2 results: Net profit rises 27.4% to Rs 17,394 crore on energy boost
  1. Reliance Industries consolidated Net Profit rises 27% to ₹17,394 crore. RIL’s total revenue from operations was almost flat at ₹2.34 lakh crore
  2. Reliance Retail’s net profit rose 21 per cent to ₹2,790 crore.Gross revenue jumps 18.8% YoY to Rs 77,148 crore.
  3. Reliance Jio net profit rises 12% YoY to ₹5,058 crore.Reliance Jio revenue rises 10% YoY to ₹24,856 crore.
  4. Telecom arm’s average revenue per user (ARPU) rose 2.6 per cent YoY to ₹181.70, compared to ₹180.50
  5. Jio Financial Services reported a net profit of ₹668.2 crore; Revenue stood at ₹608 crore
  6. The company has an outstanding debt of Rs 2,95,687 crore against Rs 3,18,685 crore as of June.
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