Reliance Industries reports 31% rise in Q1 consolidated net profit
31st Jul 2020

Reliance Industries has reported results for first quarter ended June 30, 2020.

The company has reported 7.93% rise in its net profit of Rs 9753 crore for the quarter under review as against Rs 9036 crore for the same quarter in the previous year. However, total income of the company decreased 43.05% at Rs 54657 crore for Q1FY21 as compared Rs 95981 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported 30.97% rise in its net profit attributable to owners at Rs 13233 crore for the quarter under review as against Rs 10104 crore for the same quarter in the previous year. However, total income of the company decreased by 42.11% at Rs 95626 crore for Q1FY21 as compared Rs 165199 crore for the corresponding quarter previous year.