During Q3FY23, RIL garnered a consolidated net profit of ₹15,792 crore declining by 14.8% from ₹18,549 crore a year ago same period. However, revenue from operations climbed by 15% to ₹2.20 lakh crore in Q3 of the current fiscal versus ₹1.91 lakh crore in the same period last year.
Reliance Industries share falls over 9% in three sessions, here s why
RIL stock has lost 9.11% in the last 3 days. The stock fell RIL share 2.43% to Rs 1892.55 today against previous close of Rs 1939.70 on BSE
BusinessToday.In | January 27, 2021 | Updated 13:09 IST
RIL share trades higher than 200 day moving averages but lower than 5 day, 20 day, 50 day and 100 day moving averages.
Share of Reliance Industries Limited (RIL) fell over 2% in early trade amid profit booking after Q3 earnings and on reports that E-commerce company Amazon has moved the Delhi High Court against Future Group founder and CEO Kishore Biyani.
Amazon has sought seizure of assets of Biyani and his detention in prison for violating Singapore International Arbitration Centre s award by going ahead with its deal with Reliance Industries Ltd (RIL).
Share of Reliance Industries Limited (RIL) fell over 4% in early trade after the conglomerate reported Q3 revenue which fell below estimates. RIL share plunged 4.7% to Rs 1,953.40 against previous close of Rs 2,049.65 on BSE.
Reliance Industries shares tanked as much nearly 5.7 per cent and hit an intra-day low of Rs 1,933 on the BSE on Monday as investors booked profits after the company announced its results for the third quarter ended December 2020 (Q3FY21). The numbers were unveiled post market hours on Friday. The oil-to-telecom conglomerate s consolidated net profit of Rs 13,101 crore in the December quarter jumped 37 per cent sequentially, and beat Street expectations of a 32 per cent QoQ PAT improvement. On a yearly basis, the profit grew 12.5 per cent as lower expenses cushioned earnings even as revenues declined. According to Bloomberg estimates, the company’s top line was seen at Rs 1.209 trillion in the December quarter, while the bottom line was expected to be at Rs 10,107 crore. In segment-wise revenue, the company’s digital services was the only business that saw an uptick - of 33 percent on a year-on-year (YoY) basis at Rs 23,678 crore. Oil-to-chemicals, oil and gas, and retail w