RIL Q3 Consolidated Net Profit Soars 25% YoY; Jio Turns Profitable


RIL Q3 Consolidated Net Profit Soars 25% YoY; Jio Turns Profitable

Oil-to-telecom behemoth Reliance Industries on Friday posted 25 per cent growth in consolidated net profit at Rs 9,423 crore for the quarter ended December 31, 2017.

The company had posted a net profit of Rs 7,533 crore for the same quarter last year.

Revenue from operations during the quarter jumped 21.74 per cent year-on-year to Rs 1,02,500 crore compared with Rs 84,189 crore reported for the same period last year.  Read More…

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