Reliance Q3 net rises 7.4% on rebound in retail, higher telecom earnings

Reliance Industries Ltd posted a 7.4% increase in net profit for the December quarter, driven by a recovery in its retail sector and strong telecom earnings. The company reported a net profit of Rs 18,540 crore compared to Rs 17,265 crore in the same period last year. Revenue rose to Rs 2.43 lakh crore from Rs 2.27 lakh crore.

Jan 16, 2025 - 20:00

Reliance Q3 net rises 7.4% on rebound in retail, higher telecom earnings

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Reliance Industries Ltd posted a 7.4% increase in net profit for the December quarter, driven by a recovery in its retail sector and strong telecom earnings. The company reported a net profit of Rs 18,540 crore compared to Rs 17,265 crore in the same period last year. Revenue rose to Rs 2.43 lakh crore from Rs 2.27 lakh crore.