RIL Q2 results: Consolidated net profit jumps 43% to Rs 13,680 cr

RIL reported a 50% increase in revenue from operations at Rs 1.74 trillion

Oil-to-telecom conglomerate Reliance Industries Limited (RIL) on Friday reported a 43% rise in its consolidated net profit for the second quarter (Q2) ended September 2021. This, as higher demand for oil products boosted RIL's mainstay oil-to-chemicals business.

The company posted a net profit of Rs 13,680 crore in Q2 as against a profit of Rs 9,567 crore posted in the same period last year. In terms of quarter-on-quarter growth, RIL reported a 3% rise in its net profit in the period under consideration as compared to Rs 13,233 crore recorded in the previous quarter ended June 30, 2021.

Reliance --