Reliance Industries Ltd Reports 5% Fall in Net Profit for July-September Quarter As Weak Oil Refining, Petrochem Business Hurt Performance
Reliance Industries Ltd on Monday reported a 5 per cent fall in the net profit for the July-September quarter, as weak oil refining and petrochemical business hurt operational performance
New Delhi, October 14: Reliance Industries Ltd on Monday reported a 5 per cent fall in the net profit for the July-September quarter, as weak oil refining and petrochemical business hurt operational performance. HCLTech Reports 10.5% Increase in Net Profit at INR 4,235 Crore in Q2 FY25.
Its consolidated net profit fell to Rs 16,563 crore or Rs 24.48 per share in July-September - the second quarter of the current fiscal - compared to Rs 17,394 crore or Rs 25.71 a share in the same period a year back, according to a company filing. Ola Electric Shares Drop 3%, Close at INR 87.44 Apiece As EV Firm Faces Probe to Pricing Practices.
The total income was marginally higher at Rs 2.4 lakh crore from Rs 2.38 lakh crore in July-September 2023.
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