Consolidated annual revenue for India’s most valuable company crossed Rs 10 lakh crore in FY24
Reliance Q4 results highlights: RIL's revenue from the oil-to-chemicals unit rose 10.9%, primarily driven by improved price realisation for transportation fuels and higher volumes. The company also announced Rs 10 dividend
Reliance Industries' net profit came in at Rs 19,299 crore, which is higher as compared to Rs 16,203 crore clocked in the year-ago period, and Rs 15,792 crore recorded in Q3FY23.
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In the preceding quarter, RIL had reported a consolidated net profit of Rs 17,806 crore, down 13.30 percent year-on-year.
Mukesh Ambani-led Reliance Industries declared the earnings for the quarter ended March on May 6. Company’s FY22 gross revenue crossed $100 billion, becoming the first Indian company to achieve feat. Watch Moneycontrol’s Karunya Rao and Rachita Prasad decoding the quarterly results for you
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RIL Q4 Results Highlights | The consolidated revenue of the Mukesh Ambani-led company stood at Rs 2.07 lakh crore, while the EBIDTA came in at Rs 31,366 crore. The consolidated EBIDTA margin was 15.13%.