Reliance Q3 Outcomes 2023: Reliance Industries Ltd on Friday reported a 15 per cent drop in its web revenue to Rs 15,792 crore for the third quarter, based on an organization’s inventory change submitting. The decline in Revenue After Tax (PAT) was on account of 16 per cent leap in its overal bills which have been reported at Rs 200,733 crore for the reporting quarter as towards Rs 173,060 incurred within the 12 months in the past interval.
The web revenue of Rs 15,792 crore in October-December 2022 compares to Rs 18,549 crore a 12 months again.
Income from operations rose to Rs 220,592 crore from Rs 191,271 crore in October-December 2021.
The outcomes have been declared after market hours. Reliance shares at the moment ended at Rs 2,443 on the NSE, down by Rs 29.05 or 1.18 per cent from the earlier closing worth on Thursday.
In the meantime, Reliance Jio, the nation’s largest telecom agency, on Friday reported a 28.3 per cent rise in its third-quarter web revenue to Rs 4,638 crore.
The agency had a web revenue of Rs 3,615 crore in October-December 2021, based on an organization’s inventory change submitting.
Income rose to Rs 22,993 crore in October-December 2022 from Rs 19,347 crore a 12 months again.