look news india
Reliance Industries Limited, which has a presence in sectors ranging from oil to telecom, has reported Rs. Consolidated net profit increased to Rs 18,951 crore from Rs 18,951 crore. 19,299 crore net profit, showing a decline of 1.8 percent. The net profit recorded by the company in the fourth quarter of last year was the highest profit recorded in any quarter. During the period under review the company earned Rs. Revenue is Rs 2,40,715 crore. 2,16,265 crore which is 11.3 percent more than the revenue. Similarly, the total cost of the company was Rs. It increased by 11.45 percent to Rs 1,95,180 crore. 2,17,529 crores.
Net profit increased by 9.76 per cent in the fourth quarter compared to the third quarter of 2023-24. For the entire financial year the company has Rs. 9,14,472 crore in revenue, up from Rs. 8,91,311 crore which is 2.6 percent more than the revenue. Similarly the cost is Rs. 2.12 percent increase to Rs 8,09,023 crore. 8,26,189 crores. The company's EBITDA increased by 16.1 percent to Rs. 1,78,677 crores.
Commenting on the results of Reliance Industries, Chairman and Managing Director Mukesh Ambani said that the new initiatives taken in various areas of Reliance's business have significantly contributed to the growth of the Indian economy. The growth of all the businesses of the company has been good. The board of the company decided to pay Rs. Dividend of Rs 10 has been approved.