The company said the quarter saw the highest ever revenue for O2C business in a volatile environment. It ...More

The company said the quarter saw the highest ever revenue for O2C business in a volatile environment. It said it was also the best quarter for Reliance Retail in terms of revenues, which stood at Rs 58,554 crore, up 51.9 per cent YoY. Also, the quarter was the best in revenue terms for Jio Platforms. ...Less

The board has recommended dividend payout of Rs 9 a share, subject to approval of the shareholders. ...More

The board has recommended dividend payout of Rs 9 a share, subject to approval of the shareholders. ...Less

Reliance Industries' Q1 profit dropped to Rs 15,138 crore, a 5% year-on-year and 20% quarter-on-quarter d ...More

Reliance Industries' Q1 profit dropped to Rs 15,138 crore, a 5% year-on-year and 20% quarter-on-quarter decline from March's Rs 18,951 crore. The O2C segment experienced a 14.3% EBITDA fall due to lower fuel and petrochemical margins. Petrol margins decreased by 30%, depreciation was Rs 13,596 crore, and finance costs rose despite telecom and retail gains. ...Less

The company’s revenue increased by 21.25 per cent to Rs 1.61 lakh crore in the June quarter. ...More

The company’s revenue increased by 21.25 per cent to Rs 1.61 lakh crore in the June quarter. ...Less

Increased data usage helped Jio offset the impact of a continued drop in average revenue per user (ARPU). ...More

Increased data usage helped Jio offset the impact of a continued drop in average revenue per user (ARPU). ...Less

RIL Q1 Results: Mukesh Ambani-led Reliance reported a 5% decrease in its consolidated net profit for the ...More

RIL Q1 Results: Mukesh Ambani-led Reliance reported a 5% decrease in its consolidated net profit for the quarter ending June 2024, amounting to Rs 15,138 crore compared to Rs 16,011 crore in the same period last year. Despite this, revenue from operations grew by 12% YoY to Rs 2.36 lakh crore. The reported profit fell significantly short of Street expectations of around Rs 16,341 crore. ...Less

The company’s telecom arm Reliance Jio reported profit for the seventh quarter in a row. ...More

The company’s telecom arm Reliance Jio reported profit for the seventh quarter in a row. ...Less

Reliance on Friday reported 6.82 per cent year-on-year rise in consolidated net profit at Rs 10,104 crore ...More

Reliance on Friday reported 6.82 per cent year-on-year rise in consolidated net profit at Rs 10,104 crore. ...Less

The telecom operator's Q1 revenue grew by 21.55 per cent to Rs 21,873 crore against Rs 17,994 crore repor ...More

The telecom operator's Q1 revenue grew by 21.55 per cent to Rs 21,873 crore against Rs 17,994 crore reported in the June quarter of the last financial year. ...Less

ETNow poll had predicted a profit of Rs 9,554 crore for the quarter under review. ...More

ETNow poll had predicted a profit of Rs 9,554 crore for the quarter under review. ...Less

Reliance on Friday posted 3.85 per cent rise in profit at Rs 9,459 crore for June quarter. ...More

Reliance on Friday posted 3.85 per cent rise in profit at Rs 9,459 crore for June quarter. ...Less

Reliance Industries' telecom arm Jio and retail business may drive performance, say analysts. ...More

Reliance Industries' telecom arm Jio and retail business may drive performance, say analysts. ...Less

"In the results (of Reliance Industries), the oil-to-chemicals segment is likely to be better in terms of ...More

"In the results (of Reliance Industries), the oil-to-chemicals segment is likely to be better in terms of performance. ...Less

‘I do not remember Reliance having reported less than $7 GRM for the last five years, but this year it co ...More

‘I do not remember Reliance having reported less than $7 GRM for the last five years, but this year it could touch $6.’ ...Less

Reliance Industries (RIL) has announced a dividend of INR 9 ($0.12) per share for the fiscal year ended M ...More

Reliance Industries (RIL) has announced a dividend of INR 9 ($0.12) per share for the fiscal year ended March 31, 2023, subject to company approval, marking the first dividend for nearly a year. The conglomerate also reported Q1 net profit of INR 160.11bn ($2.14bn), down 11% YoY, and revenue of INR 211,000 crore, down 5% YoY. ...Less

Rs 1,900-2,100 is a fair value for Reliance stock based on the current situation. ...More

Rs 1,900-2,100 is a fair value for Reliance stock based on the current situation. ...Less

“Covid related impact in each of the Reliance business segments has been far less. In retail, the only di ...More

“Covid related impact in each of the Reliance business segments has been far less. In retail, the only disappointment was on the margin front.” ...Less

RIL managed to bring down total expenditure by about 42 per cent YoY to Rs 87,406 crore from Rs 1,50,858 ...More

RIL managed to bring down total expenditure by about 42 per cent YoY to Rs 87,406 crore from Rs 1,50,858 crore in Q1FY20. ...Less

Rest of the year would see closer to the normal performance and if not a major growth, at least minor gro ...More

Rest of the year would see closer to the normal performance and if not a major growth, at least minor growth in the refinery and petchem segments. ...Less

Kotak said it sees Nifty50 profit growing 27 per cent YoY but down 11 per cent sequentially. This brokera ...More

Kotak said it sees Nifty50 profit growing 27 per cent YoY but down 11 per cent sequentially. This brokerage said Reliance may report a 98.7 per cent YoY rise in net profit at Rs 24,390.60 crore on a 67.6 per cent YoY rise in net sales at Rs 2,34,500 crore. It sees ONGC reporting a 235.20 per cent YoY rise in net profit at Rs 14,531.60 crore. Sales are seen rising 96.3 per cent YoY to Rs 45,182 crore. ...Less

“GRMs in Singapore benchmarks have gone from $29.5 to less than $3 in the matter of about a month and a h ...More

“GRMs in Singapore benchmarks have gone from $29.5 to less than $3 in the matter of about a month and a half. It would be interesting to hear what sort of outlook Reliance Industries shares in terms of what is actually happening on the ground and what is the sense they have in terms of refining outlook.” ...Less

The most crucial issue investors are anxious to hear from the management on is how they will use the cash ...More

The most crucial issue investors are anxious to hear from the management on is how they will use the cash lying idle on the balance sheet. ...Less

Reliance Industries is negotiating to acquire a stake in Karan Johar's Dharma Productions. This deal coul ...More

Reliance Industries is negotiating to acquire a stake in Karan Johar's Dharma Productions. This deal could enhance Reliance’s foothold in India’s content production industry. Dharma Productions is exploring strategic partnerships due to rising production costs and shifting consumer preferences towards OTT platforms. RIL’s acquisition would bolster its existing portfolio, including Jio Studios and Viacom18 Studios. ...Less

Reliance Industries is expected to report muted earnings for the second quarter due to weakness in the oi ...More

Reliance Industries is expected to report muted earnings for the second quarter due to weakness in the oil-to-chemicals segment. Net profit is projected to fall by 10% year-on-year, while sales might marginally decline. Strong performance in consumer businesses and the ONG segment could offset the weak O2C performance. ...Less