Business

Reliance Industries Reports Net Profit Of Rs 10,104 Crore In June Quarter

Reliance Industries Reports Net Profit Of Rs 10,104 Crore In June Quarter

Oil-to-telecom conglomerate Reliance Industries on Friday reported a net profit of Rs 10,104 crore for the quarter ended June 30, 2019. That marked a 6.8 per cent increase compared to its net profit of Rs 9,459 crore in the corresponding three-month period a year ago. In a regulatory filing, billionaire Mukesh Ambani-led Reliance Industries said its revenue from operations stood at Rs 1,61,349crore in the first quarter of the current financial year, up 21.25 per cent on a year-on-year basis. 

Reliance Industries had in April this year reported a record net profit of Rs 10,362 crore for the quarter ended March 31 - the highest quarterly profit by any Indian private sector company.

Reliance Industries shares finished 1.01 per cent lower at Rs 1,249 apiece on the BSE ahead of the earnings announcement by the company, in line with a 1.44 per cent fall in the benchmark Sensex index amid a broad-based selloff.



Get Breaking news, live coverage, and Latest News from India and around the world on NDTV.com. Catch all the Live TV action on NDTV 24x7 and NDTV India. Like us on Facebook or follow us on Twitter and Instagram for latest news and live news updates.