News Details

( As on 22/10/2021 21:30)

Reliance Inds. Q2 net profit jumps 40.97% at Rs 9228.00 cr

The company reported standalone net profit of Rs 9,228.00 crore for the quarter ended September 30, 2021 as compared to Rs 6546.00 crore in the same period last year, registering a year-on-year growth of 40.97 per cent.

Net revenue of the company rose substantially by 68.86 per cent at Rs 1,03,418.00 crore in July-September quarter of this fiscal as against Rs 61,246.00 crore in the corresponding period last year.

During July-September quarter, operating expenses increased by 69.86 per cent to Rs 91,041.00 crore from Rs 53,599.00 crore in year ago period.

Other Income dipped by 9.49 per cent at Rs 3,769.00 crore versus (Sep'20 Rs 4,164.00 crore).

Operating Profit surged by 61.85 per cent to Rs 12,377.00 crore as against Rs 7,647.00 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 4.16 per cent in September quarter.

Interest declined by 48.39 per cent y-o-y to Rs 2,487.00 crore, while Taxation increased by 196.59 per cent at Rs 1,726.00 crore (Sep'20 Rs -1,787.00 crore).