Reliance Q3 net profit rises 7.4% on rebound in retail, higher telecom earnings-OxBig News Network

Reliance Industries Ltd’s profit was also up sequentially from ₹16,563 crore in the July-September quarter. File
| Photo Credit: Reuters

Reliance Industries Ltd on Thursday (January 16, 2025) reported a 7.4% rise in its December quarter net profit, as its retail business rebounded and telecom earnings rose.

Its consolidated net profit of ₹18,540 crore, or ₹13.70 per share, in October-December — the third quarter of April 2024 to March 2025 fiscal (FY25) — compared to ₹17,265 crore, or ₹12.76 a share, in the same period a year back, according to a stock exchange filing by the company.

Profit was also up sequentially from ₹16,563 crore in the July-September quarter.

The company’s revenue from operations rose to ₹2.43 lakh crore from Rs ₹2.27 lakh crore in October-December 2023.

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