Reliance Industries Limited announced its third-quarter financial results on Friday, January 16. The Mukesh Ambani-led conglomerate posted a consolidated profit of ₹22,167 crore for the December quarter of the current financial year.
Steady Growth in Profits
This figure represents a near 2% increase compared to the same period last year. In Q3 of the previous financial year, Reliance Industries recorded a profit of ₹21,804 crore. The company continues to demonstrate resilience across its diverse business segments.
Strong Revenue Performance
Consolidated revenue from operations showed significant growth during the quarter. It reached ₹2,69,496 crore, reflecting a robust 10.51% rise year-on-year. Last year during the same quarter, revenue stood at ₹2,43,865 crore.
The oil-to-telecom-to-retail giant maintains its position as one of India's most valuable companies. Market analysts are closely watching these numbers as they assess the company's performance in a dynamic economic environment.
Note: This report is based on the company's official announcement. Financial markets involve inherent risks, and investors should exercise due diligence. Always consult with qualified financial advisors before making investment decisions, as market conditions can change rapidly.
