Mumbai, April 24, 2024.
Reliance Industries Limited (RIL) posted its results for the fourth quarter of FY24 on Monday, with the net profit declining by 2% at Rs18,951 crore in comparison to Rs 19,299 crore in the year-ago period.
Revenue from operations increased by 11% year-on-year to Rs 2.4 lakh crore in the reporting period, up from Rs 2.16 lakh crore in the previous year’s quarter. While the company’s net profit fell, it is better than what analysts had predicted.