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RIL Q1 Results: Company beats estimates; 8 key highlights

RIL beat D-Street estimates in what according to most analysts was a tough quarter. Jio, Retail, and oil-to-chemical (O2C) all contributed to fighting COVID induced slowdown.

July 31, 2020 / 12:14 AM IST

India's largest company in terms of market-capitalisation, Reliance Industries (RIL) reported a consolidated profit of Rs 13,248 crore for the first quarter of FY21 with Jio's ARPU growth of 7.4 percent QoQ at Rs 140.3 beating Street expectations.

RIL beat D-Street estimates in what according to most analysts was a tough quarter. Jio, Retail, and oil-to-chemical (O2C) all contributed to fighting COVID induced slowdown.

Consolidated revenue from operations for the quarter stood at Rs 1,00,929 crore while EBITDA was at Rs 21, 585 crore.

Here are the top 8 highlights of the company's Q1 scorecard: