Reliance Industries Ltd.
-12.65 (-1.01%) Reliance Industries reports 4% fall in Q1 consolidated net profit
Date: 20-07-2024Reliance Industries has reported results for first quarter ended June 30, 2024 (Q1FY25).
The company has reported 20.94% fall in its net profit at Rs 7,611 crore for the quarter ended June 30, 2024 as compared to Rs 9,627 crore for the same quarter in the previous year. However, total income of the company increased by 7.16% at Rs 1,37,833 crore for Q1FY25 as compared to Rs 1,28,627 crore for the corresponding quarter previous year.
On consolidated basis, the company has reported 4.04% fall in net profit at Rs 17,448 crore for Q1FY25 as compared to Rs 18,182 crore for the same quarter in the previous year. However, total income of the company increased by 11.91% at Rs 2,40,200 crore for Q1FY25 as compared to Rs 2,14,644 crore for the corresponding quarter previous year.