RILs Q4 profit flat at Rs 21k crore, revenue rises 11% to Rs 2.4 lakh crore

RILs Q4 profit flat at Rs 21k crore, revenue rises 11% to Rs 2.4 lakh crore - Qoneqt

Shaikh Kaif in India

RILs Q4 profit flat at Rs 21k crore, revenue rises 11% to Rs 2.4 lakh crore

Reliance Industries reported a nearly unchanged quarterly profit, while its revenue increased by 11% to Rs 2.4 lakh crore. This growth was driven by the robust performance of its oil & gas and oil-to-chemical (O2C) segments, as well as the rapid expansion of its retail and digital services (Jio) divisions. The company recorded a profit of Rs 21,243 crore in the fourth quarter of FY24.

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