Never miss a great news story!
Get instant notifications from Economic Times
AllowNot now

You can switch off notifications anytime using browser settings.

Reliance Q3: Profit rises 13% to Rs 11,640 cr

Copy URL

NEW DELHI: Mukesh Ambani-led Reliance IndustriesNSE 2.80 % on Friday beat Street estimates in December quarter earnings, as it posted 13.55 per cent year-on-year (YoY) rise in profit at Rs 11,640 crore on robust growth in telecom and retail verticals.Analysts in an ET NOW poll had estimated the profit number at Rs 11,400 crore.The company’s overall revenue declined 2.48 per cent to Rs 1.57 lakh crore from Rs 1.61 lakh crore in the year-ago period.

Have something to say? Post your comment

Other useful Links

Copyright © 2020 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service