ZEE Business
ZEE BUSINESS
हिंदी में पढ़ें  हिंदी में पढ़ें
Live TV
Live TV
  • Home
  • Personal Finance
    • PPF
    • Mutual Funds
    • Income tax
    • EPFO
    • Income Tax Calculator
    • Personal Loan Calculator
    • Car Loan Calculator
    • Home Loan Calculator
    • SIP calculator
    • SWP Calculator
    • MF Returns Calculator
    • Lumpsum Calculator
  • India
    • Companies
    • Property
    • Startups
    • Uidai
  • Economy
    • Aviation
  • Tech
    • Mobiles
    • Apps
  • Auto
    • Cars
    • Bikes
  • Markets
    • Commodities
    • Currency
  • Railways
  • World
    • Economy
    • Politics
    • Markets
  • Survey
  • videos
  • photos
  • More ...
    • VIDEOS
    • PHOTOS
BREAKING NEWS
  • Market ends with marginal cuts this week; FMCG gains, Consumer Durables decline—What should investors do on Monday?
  • Investors with short term view must book profits now; import duty hike, rupee weakness may arrest price correction, temporarily
  • Virtual Digital Assets: VDAs to attract 1% TDS from today; know what CBDT says about new norms
  • Maruti Suzuki, Ashok Leyland: What makes brokerages bullish on these auto stocks?
  • Monsoon session of Parliament to begin on July 18; to end on August 12
Read in App
Business News » Companies News

Reliance Industries Limited Q3 Results: 'Truly remarkable journey' - List of RIL businesses that performed well

Reliance Industries has announced a jump in its consolidated revenue from operations for the 3rd quarter - from Rs 1,46,018 crores to Rs 1,60,299 crores (QoQ). While an improvement in net profit was reported at Rs 10,376 crores from Rs 9,549 crores in Q2 (consolidated) this year. 

  • Twitter
  • Facebook
  • Linkedin
  • whatapp
  • View in App
 Reliance Industries Limited Q3 Results: 'Truly remarkable journey' - List of RIL businesses that performed well
Jio users can get access to stories ranging from Disney Classics, Pixar animation, movies from Marvel and Star Wars along with a host of international as well as locally created content which users can enjoy on-the-go. Reuters

RIL Q3 Results: Reliance Industries Ltd (RIL) reported its December quarter (Q3) results on Thursday. Have a look at its businesses and how the company has performed this quarter. Reliance Industries has announced a jump in its consolidated revenue from operations for the 3rd quarter - from Rs 1,46,018 crores to Rs 1,60,299 crores (QoQ). While an improvement in net profit was reported at Rs 10,376 crores from Rs 9,549 crores in Q2 (consolidated) this year. 

Key takeaways:-

1. Total revenue: Revenue increased by 55.9% to Rs 171,336 crore ($ 24.6 billion)

2. PBDIT: Profit before tax, depreciation and interest increased by 20.0% to Rs 23,801 crore ($ 3.4 billion)

3. PBT: Profit Before Tax increased by 9.3% to Rs 14,445 crore ($ 2.1 billion)

4. Cash Profit: Profit in cash increased by 10.7% to Rs 16,727 crore ($ 2.4 billion)

5. Net Profit: Overall profit of the RIL increased by 8.8% to Rs 10,251 crore ($ 1.5 billion)

Business-wise revenue distribution:-

Pet-Chem business: Revenue increased to Rs 46,246 from Rs 43,745 crores in QoQ. 

Refining business: Refining segment performed well, as the revenue grew from Rs 98,760 crores to Rs 111,738 crores in Q3.

Oil and Gas: The oil and gas segment remained tensed as saw a dip in revenue to Rs 1,182 crores from Rs 1,322 crores, this quarter. 

Digital business: Digital services showed good revenue to Rs 12,302 from Rs 10,942.

Retail numbers: Retail has also done well, posted a revenue of Rs 35,577 crores against Rs 32,436 crores in Q2.

CORPORATE HIGHLIGHTS FOR THE QUARTER (3Q FY19)

1. Reliance Jio Infocomm Limited announced the launch of VoLTE based inbound International roaming between India and Japan and became India’s first 4G mobile operator to provide VoLTE based international roaming services in India whereby international roamers will be enjoying HD voice and LTE high-speed Data.

2. Saavn Media Private Limited, a subsidiary of Reliance Industries Limited launched JioSaavn, South Asia’s largest streaming, entertainment and artist platform. JioSaavn represents the official integration of JioMusic, India’s most popular music app, and Saavn, India’s leading global over-the-top ( platform.

3. JioCinema, Jio’s digital app and Disney India announced tie-up to offer timeless stories and beloved characters from the biggest brands in storytelling: Disney, Pixar, Marvel, and Lucas film to Jio users across age groups. 

Through this association, Jio users can get access to stories ranging from Disney Classics, Pixar animation, movies from Marvel and Star Wars along with a host of international as well as locally created content which users can enjoy on-the-go.

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.

TAGS:
Reliance Industries Limited
Written By: Hardik Bansal
Updated: Thu, Jan 17, 2019
07:20 pm
New Delhi, ZeeBiz WebDesk
RELATED NEWS
Reliance Industries News - Stocks to Buy – Nifty SEPTEMBER SERIES – RIL shares hit target; no FRESH BUYS, HOLD for THIS target, says analyst Reliance Industries News - Stocks to Buy – Nifty SEPTEMBER SERIES – RIL shares hit target; no FRESH BUYS, HOLD for THIS target, says analyst
Stocks to Buy: Nifty SEPTEMBER SERIES!  HUL stocks, RIL shares – Analyst bets big on two stocks for high gains – Know target price, key drivers Stocks to Buy: Nifty SEPTEMBER SERIES! HUL stocks, RIL shares – Analyst bets big on two stocks for high gains – Know target price, key drivers
Most Active Stocks Today: HDFC Life, Kotak Bank, RIL, NALCO, Tata Steel; DO THIS as 100-150 points correction looks imminent in Nifty, expert says Most Active Stocks Today: HDFC Life, Kotak Bank, RIL, NALCO, Tata Steel; DO THIS as 100-150 points correction looks imminent in Nifty, expert says
Reliance AGM 2021: RIL raised USD 44.4 bn – largest ever capital raised by any company in a year globally, confirms Chairman Mukesh Ambani Reliance AGM 2021: RIL raised USD 44.4 bn – largest ever capital raised by any company in a year globally, confirms Chairman Mukesh Ambani
RIL Share Price: BUY at current levels? What are Reliance Industries AGM 2021 EXPECTATIONS, TRIGGERS? Expert has this view on target, stop loss and right entering levels RIL Share Price: BUY at current levels? What are Reliance Industries AGM 2021 EXPECTATIONS, TRIGGERS? Expert has this view on target, stop loss and right entering levels

LATEST NEWS

Crisil cuts FY23 GDP growth estimate to 7.3%

LPG Cylinder Price: 19-kg commercial cylinder gets cheaper by nearly Rs 200; check rates in other Metro cities

Food labelling rules for online food delivery platforms like Zomato, Swiggy changed from today; compliance failure to invite action

Why is the rupee falling? Zee Business reveals reasons

IBPS Clerk Recruitment 2022: Registration begins for 6000+ vacancies at ibps.in; check direct link, last date, how to apply online and more

Anil Singhvi Strategy on July 1: Support Zone on Nifty is 15675-15725, Bank Nifty is 33100-33200

Gold Price Today: Investors with short term view must book profits now; import duty hike, rupee weakness may arrest price correction, temporarily

Stocks to Buy: Sanjiv Bhasin recommends Aarti Industries, Bank of Baroda, Tata Steel; Know the details

OnePlus Nord 2T 5G price in India starts at Rs 28,999 - Check offers, availability and specifications

Excise duty on petrol, diesel, ATF hiked up to Rs 12; details

  • India News
  • World News
  • Companies News
  • Market News
  • Personal Finance News
  • Technology News
  • Automobile News
  • Small Business News
  • Income Tax Calculator
  • Live TV
  • Videos
  • Photos
  • Author
  • Rss Feed
  • Advertise with us
  • Privacy Policy
  • Legal Disclaimer

Latest Trending Updates

  • EPFO
  • Budget 2020
  • Income Tax Return
  • Auto Expo 2020
  • Home Loan
  • Business News

Trending Topics

  • Income Tax
  • income Tax Calculator
  • 7th Pay Commission
  • Reserve Bank of India
  • GST
  • Latest Business News

Follow us on

zeebiz
zeebiz

Partner Sites

  • Zee News
  • Hindi News
  • Marathi News
  • Bengali News
  • Tamil News
  • Malayalam News
  • Gujarati News
  • Telugu News
  • Kannada News
  • DNA
  • WION
© 2022. India Dot Com Private Limited. All Rights Reserved.
LIVE TV