Revenue from operations of the country's most valued company came in at Rs 2.13 lakh crore, registering a rise of 2.8 percent from Rs 2.07 lakh crore in the year-ago period. Here are the key highlights of the quarterly results.
RIL reported a net profit at Rs 19,299 crore for the March quarter, up 19 percent from the year-ago period.
Revenue from operations came in at Rs 2.13 lakh crore, registering a rise of 2.8 percent on-year.
Reliance Retail delivered robust performance with another quarter of strong revenue growth and profit performance. The bottom line grew by 12.9 percent YoY to Rs 2,415 crore while topline stood at Rs 69,288 crore, up 19.4 percent YoY. Store footfalls was at 219 million-highest ever, up from 201 million in Q3FY23.
Revenue for O2C business fell by 11.8 percent YoY to Rs 1,28,633 crore. Exports dropped 0.4 percent to Rs 78,851 crore. EBITDA, meanwhile, improved 14.4 percent to Rs 16,293 crore.
Oil & Gas revenue more than doubled to Rs 4,556 crore as compared to Q4FY22 mainly on account of higher price realisation and 13 percent increase in KGD6 gas production.
RIL media business reported a loss of Rs 35 crore for the quarter. Revenue fell 8.5 percent to Rs 1,484 crore.
(With inputs from agencies)