Reliance Industries Ltd, the largest Indian company based on market capitalisation, on Friday reported 42% jump in consolidated net profit at Rs 18,549 crore for the quarter ending December 31, 2021 boosted by strong performance in its oil-to-chemicals and retail businesses. The company reported consolidated net profit of Rs 13,101 crore a year ago.
Consolidated revenue from operations rose 54% to Rs 1.91 trillion as against Rs 1.24 trillion a year ago.
The net profit figure for the previous quarter stood at Rs 13,680 crore with the company registering consolidated revenues of Rs 1.7 trillion.
On Friday, RIL's scrip on BSE closed trading