Consolidated earnings before interest, taxes, depreciation, and amortisation (EBITDA) rose 16.7% to Rs 44,678 crore from a year earlier, with growth across all key operating businesses.
Gross revenue from operations of India’s most valued company stood at 2.55 lakh crore in the quarter ended September 30, compared to Rs 2.52 lakh crore last year.
Reliance Industries on January 21 reported a consolidated profit after tax of Rs 18,549 crore for the quarter ended December 2021 versus Rs 13,680 crore in the previous period, boosted by higher refining and petchem margins and average revenue per unit as well as strong demand in retail segment. Watch the video for a quick round-up of numbers. Disclaimer: Network18, the company that operates Moneycontrol, is controlled by an independent media trust, of which Reliance Industries is the sole beneficiary.
Reliance results for the quarter ended 30th September 2013 have clearly surpassed the estimates. The future quarters profitability will depend largely on the improvement of Gross Refining Margins, deployment of cash and KG-D6 basin gas production volumes revival: SMC Global.