Reliance Industries Ltd on Thursday reported a 7.4 per cent rise in its December quarter net profit, as its retail business rebounded and telecom earnings rose.
Photograph: PTI Photo from the Rediff Archives
Its consolidated net profit of Rs 18,540 crore, or Rs 13.70 per share, in October-December – the third quarter of April 2024 to March 2025 fiscal (FY25) – compared to Rs 17,265 crore, or Rs 12.76 a share, in the same period a year back, according to a stock exchange filing by the company.
Profit was also up sequentially from Rs 16,563 crore in the July-September quarter.
The company’s revenue from operations rose to Rs 2.43 lakh crore from Rs 2.27 lakh crore in October-December 2023.