India's Reliance beats Q3 profit estimates on boost from retail, telecom
Reliance Industries beat expectations for third-quarter profit on Thursday, as its retail business benefited from strong festive demand, while its telecom unit was bolstered by higher cellular tariffs and a rise in 5G subscribers.
Reliance Beats Estimates as Telecom Business Supports Profit
Reliance Industries Ltd., controlled by billionaire Mukesh Ambani, posted a slightly better-than-expected quarterly profit, as gains from higher telecom tariffs offset the weakness in its petrochemical business.
Reliance net profit jumps 11.9% in December quarter, beating estimates
Revenue from operations increased 7% to ₹2.43 lakh crore from ₹2.27 lakh crore in the year earlier. Consolidated ebitda increased by 7.8% to ₹48,003 crore.
India's Reliance beats Q3 profit view
Reliance Industries on Thursday reported a better-than-expected third-quarter profit, helped by strong performance across its energy, retail and digital services segments.
India's Reliance Posts End Of Year Profit Bump
Indian conglomerate Reliance Industries posted a 7.38 percent year-on-year bump in profit for the December quarter on Thursday, helped by a strong show from its consumer-facing divisions.
Reliance Q3 net rises 7.4 pc on rebound in retail, higher telecom earnings
Reliance Industries Ltd on Thursday reported a 7.4 per cent rise in its December quarter net profit as retail business rebounded, telecom earnings surged on higher tariffs and mainstay oil and petrochemicals business delivered consistent performance.
The Financial Express8h
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