Reliance Industries Q3 net profit falls 15%; Jio posts 28% gains: Key points from RIL results

NEW DELHI: India’s biggest company in terms of market capitalisation, Reliance Industries, on Friday posted 15% decline in consolidated net profits for the third quarter ended December 2022.
In a regulatory filing to the bourses, Reliance said that net profit for October-December 2022 quarter came in at Rs 15,792 crore as against a profit of Rs 18,549 crore same period last year.
The company’s revenue from operations rose to Rs 2,20,592 crore from Rs 1,91,271 crore in October-December 2021.

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