Consolidated revenues, PBIDT (profit before interest, depreciation, and tax), and net profit were the highest-ever since June 2013 (since consolidated is available), and also beat consensus estimates.
For Reliance Jio Infocomm (Jio), too, these parameters were its highest ever.
RIL's results were announced late evening on Friday. Its shares closed 0.15 per cent up at ₹2,627.05 on the BSE.
At 10.00 pm (IST), its GDRs (global depository receipts), which are listed on the London Stock Exchange, were up 2.7 per cent at $71.90. Each GDR represents two ordinary shares of RIL.
The consolidated top line or net revenues from operations in the period under review stood at more than ₹1.67 trillion, up 51 per cent year-on-year (YoY), led by strong contribution from the oil to chemicals (O2C) and retail businesses.
This story is from the October 23, 2021 edition of Business Standard.
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This story is from the October 23, 2021 edition of Business Standard.
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