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Reliance set for best week since June as retail business fuels profit beat
By Sethuraman N R (Reuters) -Shares of Reliance Industries rose nearly 5% on Friday and were set for their best week in six months, as the company beat quarterly profit estimates on a boost from its retail business,
Reliance Retail Q3 Results: Net profit up 10% to ₹3,485 crore, revenue up 7% YoY led by festive season
While official numbers are not available, RCPL closed FY24 with revenues of around ₹3,000 crore, according to people familiar with the company’s plans
Reliance Industries Q3 Results Highlights: Net profit up 7% to ₹18,540 crore on rebound in retail, higher telecom earnings
Reliance Industries Ltd on Thursday (January 16) reported a 7.4% rise in its December quarter net profit, as its retail business rebounded and telecom earnings rose.
Reliance gains as retail, telecom growth fuels Q3 profit beat
Shares of Reliance Industries climbed as much as 5% in early trade on Friday, after the country's most valuable company topped quarterly profit estimates on strong demand in its retail and telecom units.
Reliance Q3 net rises 7.4 pc on rebound in retail, higher telecom earnings
Reliance Industries Ltd on Thursday reported a 7.4 per cent rise in its December quarter net profit as retail business rebounded, telecom earnings surged on higher tariffs and mainstay oil and petrochemicals business delivered consistent performance.
devdiscourse
1d
Reliance Retail: Surging Through Festive Demand
Reliance Retail reported significant financial gains in the December quarter, driven by increased festive demand and ...
inc42
1d
Reliance Retail Q3: Digital & New Commerce Business Account For 18% Of Revenue
Digital and new commerce businesses accounted for 18% of the total revenue of Reliance Retail in the third quarter (Q3) of ...
Outlook Business
5h
Reliance Surges Against Market Odds: Is the D-street Giant Finally Back?
The shares of the Mukesh Ambani-led conglomerate seem to make a comeback on D-Street after a dull year, thanks to robust Q3 ...
newsbytesapp.com
12d
Why Reliance Retail wrote off its $200M investment in Dunzo
Reliance Retail, the biggest backer of hyperlocal delivery start-up Dunzo, has written off its $200 million investment. The ...
13h
on MSN
RIL net up 12% on nimble Jio and retail sales, reviving oil to chemical biz
Jio Platforms’ net profit jumped 25.9% to ₹6,857 crore, while Reliance Retail’s profit swelled 10.1% to ₹3,485 crore.
12h
on MSN
Reliance stock: Jio listing, tariff hike key triggers; valuation cheapest since Covid, says Jefferies
The brokerage has a bull case target of Rs 1,850 on RIL, a base case target of Rs 1,660 and a bear case target of Rs 1,150 on ...
EconoTimes
12h
Reliance Industries Surges on Strong Quarterly Profit, Retail Recovery
Reliance Industries shares rose nearly 5% on Friday, marking their best week in six months after the company exceeded ...
ThePrint
11h
Brokerages gave thumbs up to RIL 3QFY25 results; strong growth of Retail and Oil to Chemical
Reliance Industries Ltd. (RIL) delivered a robust performance in the third quarter of FY25, with analysts across major ...
ET Now on MSN
1d
Reliance Retail Q3 Results: Check quarterly earnings, performance of Mukesh Ambani's daughter Isha-led retailer
Reliance Retail's gross revenue for the quarter grew 8.8 per cent YoY to Rs 90,333 crore, driven by several productivity ...
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