RIL's strong quarterly results: Net profit increased 18.3% to record Rs 11,262 crore

Retail business revenue increased 5% to Rs

(Commerce Rep) Mumbai, Ta: 18 October 2019, Friday

Of India Today, Reliance Industries Limited, which achieved the achievement of becoming the first company to cross the market capitalization of Rs 1 lakh crore, has announced encouraging results on the consolidated basis for the second quarter ended September 1, 2015. The company's net profit increased by 8% to Rs. 8 crore from Rs. 8 crore in the corresponding period last year. This is an increase of 8% from the first quarter's Rs.

In the refining and marketing business, the company has achieved gross refining margin (GRM) per barrel, down from $ 8.4 last year, to $ 1.8. Total revenue increased by 8.5% to Rs. 1,3,8 crores compared to Rs. 6,3 crore in the corresponding period of the previous year. In fact, the revenue declined by 8.5% compared to Rs. 5,6 crore in the first quarter of this year.

The company has increased its ebita digital business by 5.5 percent to Rs 5 crore. In the retail business, profits increased by 5.7 percent to Rs 1 crore. In addition, the company posted a net profit in the first half of April to September 1, up 8 per cent from Rs 2,5 crore in the corresponding period of the previous year, and revenue increased by 8 per cent to Rs. 5 crore.

Mukesh D., Chairman and Managing Director of Reliance Industries Ltd. About the result, Ambani said the company achieved a record net profit in the second quarter. These outstanding results show the benefits of integrated oil to chemicals value chain and the fast-growing company's consumer businesses.

This quarter, the company's integrated oil-to-chemicals value chain business has grown in favor of fuel margins, flexibility in feedstock sourcing and high petrochemicals volumes. The retail business has a trend of continuous growth, delivering our customers' best value and delivering better revenue. Achievement is achieved. Digital Services Business has recognized the most comprehensive Forge Wireless network in the country. Geo has been the largest market share in India in terms of its subscriber base and forgery data traffic.

With this, Reliance Home and Enterprises have started another game-changing initiative by launching to provide the largest broadband services through Geofiber. Reliance is committed to providing more world-class products and services to Reliance's Indian customers.

Reliance Industries' exports grew by 5.5% to Rs. Reliance's revenue in the refining and marketing business has declined by 8.7 percent to Rs 8 crore, compared to Rs 5 crore. Revenue in the petrochemicals business has decreased by 8 percent to Rs 5,8 crore, compared to Rs 5 crore. Is. Revenues in the oil-gas exploration business declined by 8 percent to Rs 5 crore compared to Rs 5 crore.

In the organized retail business, revenue increased by 5% to Rs. 8 crore compared to Rs. In the second quarter, the company has begun rolling out 5 more stores, bringing the total store to a total of 3,000 square feet. The revenue of the company in the media business has decreased by 5% to Rs. 8 crore compared to Rs.

The revenue of the company's digital services business increased by 8% to Rs. 8 crore from Rs. The number of subscribers has increased by 8% to 8.5 million compared to 1.1 crore.

In this quarter, the monthly subscriber gets Rs. Total wireless data traffic has increased by 5.4 percent to 10 million GB. Total voice traffic increased by 8.5 percent to 8 million minutes. Geo's subscribers continued to add up to a net of Rs 1 lakh in the second quarter and an increase of 8 million subscribers in the last six months.