Reliance: Reliance’s fourth quarter profit rises 2.4 percent as retail and oil sector improve
New Delhi| Reliance Industries Ltd reported that its net profit had increased by 2.4 per cent in the March quarter. This increase has occurred due to improvement in the company’s retail business and despite the global decline in oil business.
The consolidated net profit of Rs 19,407 crore or Rs 14.34 per share in January-March – the fourth quarter of the April 2024 to March 2025 fiscal year (FY25) – compared to Rs 18,951 crore or Rs 14 per share in the same period a year earlier, according to the company’s stock exchange filings
Profit also increased sequentially from Rs 18,540 crore in the October-December quarter. The company’s operating revenue increased to Rs 2.6 lakh crore from Rs 2.4 lakh crore recorded in January – March 2024.
