RIL Q4 net up 22.5% to Rs 16,203 crore, revenue jumps nearly 37%

Jio reports a 15.4% sequential increase in net profit at Rs 4,173 crore

Oil-to-telecom conglomerate Reliance Industries on Friday reported a 22.5 per cent year-on-year growth in its consolidated net profit to Rs 16,203 crore for the quarter ended March.

In the corresponding quarter in the last fiscal year it had reported net profit of Rs 13,227 crore.

The consolidated revenue from operations surged 36.8 per cent YoY to Rs 211,887 crore for the reported quarter.

RIL reported a revenue of Rs 7,92,756 crore or $104.6 billion in FY22, making it the first-ever Indian company to hit $100 billion revenue mark.

The company also reported record annual consolidated net profit of Rs 67,845