Mukesh Ambani-led Reliance Industries consolidated net profit for the quarter ended September touched rise 18.34 per cent year-on-year (YoY) growth touching a record Rs 11,262 crore.
The company in a statement said that Reliance Jio's pre-tax profit has gone up by 21 per cent to Rs 3,222 crore in July-September.
During the corresponding period of the financial year 2018-19, it had logged a consolidated net profit of Rs 9,516 crore. The RIL said in a regulatory filing to the Bombay Stock Exchange, "The Mumbai-headquartered company had posted a consolidated net profit of Rs 9,516 crore in the same quarter last year."
RIL reported a total income of Rs 1,55,763 crore, 5.76 per cent higher than the Rs 1,47,268 crore earned during the same period a year ago. The company also said that the cash profit increased by 18 per cent to Rs 18,305 crore.
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![Prof K Nageshwar: Reliance Grows Stronger As India Weakens [HD] (Video)](https://i0.wp.com/www.socialnews.xyz/wp-content/uploads/2019/10/21/maxresdefault-104.jpg?w=180&quality=80&zoom=1&ssl=1 "Prof K Nageshwar: Reliance Grows Stronger As India Weakens [HD] (Video)")
Mukesh Ambani-led Reliance Industries consolidated net profit for the quarter ended September touched rise 18.34 per cent year-on-year (YoY) growth touching a record Rs 11,262 crore. The company in a statement said that Reliance Jio's pre-tax profit has gone up by 21 per cent to Rs 3,222 crore in July-September. During the corresponding period of the financial year 2018-19, it had logged a consolidated net profit of Rs 9,516 crore. The RIL said in a regulatory filing to the Bombay Stock Exchange, "The Mumbai-headquartered company had posted a consolidated net profit of Rs 9,516 crore in the same quarter last year." RIL reported a total income of Rs 1,55,763 crore, 5.76 per cent higher than the Rs 1,47,268 crore earned during the same period a year ago. The company also said that the cash profit increased by 18 per cent to Rs 18,305 crore.