Reliance Jio's Q4 net profit soars to whopping 177.5% at Rs 2,331 cr, revenue jumps 27% to Rs 14,835 cr
4 years, 8 months ago

Reliance Jio's Q4 net profit soars to whopping 177.5% at Rs 2,331 cr, revenue jumps 27% to Rs 14,835 cr

Firstpost  

Reliance Jio’s rise in net profit, up from Rs 840 crore reported during the corresponding period of FY 2018-19, was fuelled by rising subscriber base and recent tariff hike. The rise in net profit, up from Rs 840 crore reported during the corresponding period of FY 2018-19, was fuelled by rising subscriber base and recent tariff hike. #4QWithCNBCTV18 | @reliancejio: Average Revenue Per User at Rs 130.60 Vs Rs 128 Subscriber base at 387.5 m Vs 370 m pic.twitter.com/F8zobDoruM — CNBC-TV18 April 30, 2020 “Standalone Net Profit of Rs 2,331 crore; exceptional item during the quarter of Rs 31 crore related to reversal of provision on AGR dues,” the company said in a statement. Jio’s net profit increased to Rs 5,562 crore for the full year FY20 from Rs 2,964 crore in the previous fiscal, an annual increase of 88 percent, the statement said.

Revenue Jio Profit Crore Net Cnbc Reliance Subscriber Net Profit Reliance Jio  reliance  revenue  quarter  base  jumps  million  crore  soars  subscriber  whopping  profit  net  rs  cr  q4

History of this topic

Delta Corp Q3 Results 2025 on 15 Jan, 2025: profit rise by 3.63% YOY, profit at ₹35.73 crore and revenue at ₹194.33 crore
1 day, 5 hours ago

Delta Corp Q3 Results 2025 on 15 Jan, 2025: profit rise by 3.63% YOY, profit at ₹35.73 crore and revenue at ₹194.33 crore

Live Mint  

Delta Corp Q3 Results 2025:Delta Corp declared their Q3 results on 13 Jan, 2025, revealing a mixed performance for the quarter. In comparison to the previous quarter, Delta Corp's revenue showed a modest growth of 3.56%, while profit saw a significant jump of 32.43%. Currently, the Delta Corp holds a market capitalization of ₹2914.42 crore, with a 52-week high of …

Jio announces free YouTube Premium for 2 years with JioFiber and AirFiber plans
3 days, 11 hours ago

Jio announces free YouTube Premium for 2 years with JioFiber and AirFiber plans

India Today  

Reliance Jio has launched a new offer for its broadband users, making YouTube Premium free for two years with select JioFiber and Jio AirFiber postpaid plans. With YouTube Premium, users can watch videos uninterrupted by ads, download content for offline viewing, and even play videos in the background while multitasking. You can avail of 24 months of free YouTube Premium …

Tata Consultancy Services Q3 Results 2025: Profit Rises by 11.96% YOY to ₹12380 Crore
5 days, 5 hours ago

Tata Consultancy Services Q3 Results 2025: Profit Rises by 11.96% YOY to ₹12380 Crore

Live Mint  

Tata Consultancy Services Q3 Results 2025:Tata Consultancy Services declared their Q3 results on 09 Jan, 2025, reporting a topline increase of 5.6% year-on-year. The profit for the quarter stood at ₹12380 crore, marking an impressive rise of 11.96% YOY, while the revenue reached ₹63973 crore. Get insights In addition to the quarterly results, TCS has declared an interim dividend of …

Tata Elxsi Q3 results: Net profit drops 3.5% YoY to ₹199 crore; revenue rises 3%
1 week ago

Tata Elxsi Q3 results: Net profit drops 3.5% YoY to ₹199 crore; revenue rises 3%

Live Mint  

Tata Elxsi Q3 results: Tata Elxsi announced a 3.5 per cent fall in net profits to ₹199 crore in the October to December quarter results of the financial year 2024-25, compared to ₹206.43 crore in the same quarter the previous year, according to the company's exchange filing. The software and consulting firm's revenue from core operations rose 3 per cent …

TCS Q3 results: Net profit rises 12% YoY to ₹12,380 crore; revenue up 5%
1 week ago

TCS Q3 results: Net profit rises 12% YoY to ₹12,380 crore; revenue up 5%

Live Mint  

TCS Q3 results: India's largest IT firm, Tata Consultancy Services Ltd, announced their October to December quarter results on Thursday, Janaury 9. The company announced a 12 per cent rise in net profit to ₹12,380 crore in the third quarter of the financial year 2024-25, compared to ₹11,058 crore in the previous year. TCS Q3 results showed that the revenue …

Reliance shares price poised for 50% returns? 5 key reasons why Mirae Asset Sharekhan is bullish on the stock
3 weeks, 3 days ago

Reliance shares price poised for 50% returns? 5 key reasons why Mirae Asset Sharekhan is bullish on the stock

Live Mint  

Stock Market Today: Reliance Industries share price remains in a downtrend after hitting a one-year or 52-week high of ₹1,608.95 in July. Mirae Asset Sharekhan has given a target price of ₹1817 for Reliance Industries shares as they remain among its top conviction investment ideas. Jio has revolutionised the Indian telecommunications industry, becoming the dominant player in the domestic telecom …

Jio rolls out New Year Welcome Plan for prepaid users at ₹2,025: Check benefits, validity and more
1 month ago

Jio rolls out New Year Welcome Plan for prepaid users at ₹2,025: Check benefits, validity and more

Live Mint  

Telecom giant Reliance Jio has launched a special New Year Welcome plan for its prepaid customers, offering a range of benefits to kick-start 2025. The plan, priced at ₹2,025, is valid for 200 days and includes unlimited calls, substantial data allowances, and attractive partner coupons. Plan Details and Benefits The New Year Welcome plan provides customers with unlimited voice calling …

Steelman Telecom stock hits 20% upper circuit after company wins ₹147 crore Reliance Jio order
1 month, 1 week ago

Steelman Telecom stock hits 20% upper circuit after company wins ₹147 crore Reliance Jio order

Live Mint  

Shares of Steelman Telecom were locked at the 20 per cent upper circuit limit in Wednesday's trade, December 4, hitting a one-month high of ₹154.80 apiece. In an exchange filing on Tuesday, the company informed investors that it had received an order worth ₹147 crore to provide frontend, backend, and supervisory teams for the maintenance of indoor small cells, indoor …

Jio, Airtel and Vodafone Idea looses subscriber, BSNL gains in September 2024: Know-how
Trending News
1 month, 3 weeks ago

Jio, Airtel and Vodafone Idea looses subscriber, BSNL gains in September 2024: Know-how

India TV News  

Reliance Jio, India’s leading telecom operator has reported significant subscriber losses for the third consecutive month in September 2024, with 7.96 million wireless users leaving its network. As of September 30, 2024, Jio’s wireless subscriber base stood at 463.78 million, Airtel at 383.48 million, Vi at 212.45 million, and BSNL/MTNL combined at 93.8 million. Jio remains the market leader with …

These companies post over 45% YoY rise in Q2 profits even as downgrades increase
1 month, 4 weeks ago

These companies post over 45% YoY rise in Q2 profits even as downgrades increase

Live Mint  

In its latest earnings review, Motilal Oswal Financial Services observed that earnings performance for the MOFSL Universe was in line with expectations, showing a 1 per cent year-on-year decline. Hindalco: Aditya Birla Group’s Hindalco Industries Ltd reported an impressive 123.3 per cent YoY increase in net profit, reaching ₹1,891 crore for Q2 FY25, driven by robust operational performance in its …

Top News on Nov 14: Market slides for 6th day, Reliance, Disney complete transaction, Q2 results, GRAP 3 In Delhi, more
2 months ago

Top News on Nov 14: Market slides for 6th day, Reliance, Disney complete transaction, Q2 results, GRAP 3 In Delhi, more

Live Mint  

From Sensex, Nifty 50 sliding for 6th day to Reliance-Disney completing transaction to imposition of GRAP 3 In Delhi, here are today's top stories. Reliance, Disney complete transaction for $8.5-billion merger deal to create India’s largest media powerhouse Reliance-Disney merger: Mukesh Ambani-led Reliance Industries has completed the merger of its media assets with the India business of global media house …

Explained: Why Jio Financial Services share price surged over 6% today
2 months ago

Explained: Why Jio Financial Services share price surged over 6% today

India Today  

Jio Financial Services saw its shares jump over 6% on Thursday, fuelled by the National Stock Exchange announcement that it will add JFS and 44 other stocks to its futures and options trading segment. The F&O listing update from the NSE will take effect on November 29, bringing a range of prominent companies into the fold, including Zomato, DMart, Paytm, …

Stocks to Watch: Asian Paints, Divi’s Labs, Aurobindo Pharma, Tata Motors, and more
2 months ago

Stocks to Watch: Asian Paints, Divi’s Labs, Aurobindo Pharma, Tata Motors, and more

Live Mint  

Here’s a quick look at stocks likely to be in focus in today's trade. Aurobindo Pharma posted an 8.6 percent YoY increase in net profit to ₹817 crore for the second quarter ended September 2023, supported by strong sales in Europe and growth markets. State Bank of India, India’s largest public sector bank, reported a 28 percent YoY increase in …

Stocks to Watch: A Roundup of Potential Gains in the Market
2 months, 2 weeks ago

Stocks to Watch: A Roundup of Potential Gains in the Market

Live Mint  

The article focuses on a range of stocks with diverse industries, highlighting potential gains in the market. While some companies like Bharti Airtel, Adani Power, and Tata Technologies witnessed significant increases in their respective profits, others like BHEL and Indian Oil Corporation reported substantial declines. Conversely, companies like CarTrade Technologies and Federal Bank experienced substantial growth in their net profits.

Reliance AGM: 5 top expectations to watch out for, where to watch
4 months, 2 weeks ago

Reliance AGM: 5 top expectations to watch out for, where to watch

India Today  

Reliance Industries Limited is set to hold its 47th Annual General Meeting on Thursday with all eyes on it as details about a lot of crucial plans are expected to be shared today. The virtual meeting will begin at 2:00 PM and Mukesh Ambani, the Chairman of RIL, will address shareholders and provide updates on several important aspects of the …

Dr. Reddy's Laboratories Q1 results: Net profit down 0.74% despite revenue growing 13.86%
5 months, 2 weeks ago

Dr. Reddy's Laboratories Q1 results: Net profit down 0.74% despite revenue growing 13.86%

Hindustan Times  

Dr. Reddy's Laboratories Ltd has announced its first quarter results for the financial year 2024-25 on Saturday, July 27. Dr. Reddy's Laboratories' net profit was down 0.74% despite revenue growing 13.86% {{^userSubscribed}} {{/userSubscribed}} {{^userSubscribed}} {{/userSubscribed}} {{^usCountry}} {{/usCountry}} How much was Dr. Reddy's Laboratories' revenue and net profit? The pharmaceuticals giant's consolidated revenue grew to ₹7,672.7 crore, which is a rise …

TCS Q1 results: Net profit grows 8.7% to ₹12,040 crore
6 months ago

TCS Q1 results: Net profit grows 8.7% to ₹12,040 crore

The Hindu  

Tata Consultancy Services Ltd reported consolidated first quarter net profit grew 8.7% year on year to ₹12,040 crore despite degrowth in several business YoY. Commenting on the results K Krithivasan, Chief Executive Officer and Managing Director, TCS said: “I am pleased to report a strong start to the new fiscal year with all-round growth across industries and markets.” “We are …

TCS Q1 Results Beat Estimates: Net Profit Up 9% to Rs 12,040 Crore, Rs 10 Dividend Declared
6 months ago

TCS Q1 Results Beat Estimates: Net Profit Up 9% to Rs 12,040 Crore, Rs 10 Dividend Declared

News 18  

Tata Consultancy Services, India’s largest IT services company, on Thursday reported a 9 per cent rise year-on-year in its consolidated net profit to Rs 12,040 crore for first quarter of the financial year 2024-25 ended June 30. “We would like to inform you that at the Board Meeting held today, the Directors have declared an interim dividend of ₹ 10 …

Reliance Jio IPO: Listins likely by 2025 at $112 billion valuation, says Jefferies
6 months ago

Reliance Jio IPO: Listins likely by 2025 at $112 billion valuation, says Jefferies

Hindustan Times  

Reliance Jio- the telecom unit of Reliance Industries Ltd- could be headed for a major initial public offering in 2025. Jio 'could list at $112 billion valuation' and add '7-15 percent upside' to the Reliance Industries share price, the brokerage said. Mobile sim card packets for Jio Platforms Ltd., a unit of Reliance Industries Ltd., in Mumbai, India. "Jio leading …

Reliance share price: UBS Research expects 10% further upside led by growth trends in Jio and retail
6 months, 1 week ago

Reliance share price: UBS Research expects 10% further upside led by growth trends in Jio and retail

Live Mint  

Stock Market Today: Reliance Industries share price having gained more than 20% year to date is poised for more upside believe analysts. UBS Research target price of ₹3420 indicates almost 10% more upside for Reliance Industries share price trading at close to ₹3110 levels Consumer business to drive earnings. UBS expects Reliance Q1 FY25 Ebitda at around ₹40,200 core, up …

Reliance Jio, Airtel price hike: What changes for you as new rates take effect
6 months, 1 week ago

Reliance Jio, Airtel price hike: What changes for you as new rates take effect

Hindustan Times  

Reliance Jio and Airtel increased the prices of their data packs by over 25 per cent for a few plans. Owing to this, both prepaid and postpaid users will have to pay more as the new plans came into effect today t. The new price hike impacts millions of users of the two biggest telcos in India. Airtel's new tariffs: …

Stocks to Watch: Sun Pharma, Apollo Hospitals, Muthoot Finance, Jio Financial, Tube Investments
7 months, 2 weeks ago

Stocks to Watch: Sun Pharma, Apollo Hospitals, Muthoot Finance, Jio Financial, Tube Investments

Live Mint  

Here are the top ten stocks that are likely to be in news on Friday: Sun Pharmaceutical Industries: The pharmaceutical company has agreed to a preferential offer to acquire a 14.28% stake in the Indian Foundation for Quality Management for ₹12.5 crore. Apollo Hospitals Enterprises: The company reported a consolidated net profit of ₹253.8 crore for the quarter ended March, …

SBI topples Reliance Industries as most profitable company, logs in a record Rs 20,698 crore net in Q4
8 months, 1 week ago

SBI topples Reliance Industries as most profitable company, logs in a record Rs 20,698 crore net in Q4

New Indian Express  

MUMBAI: The nation’s largest lender State Bank of India has reported record quarterly and annual profit numbers with a 24 percent growth in the March quarter earnings at Rs 20,698 crore—the highest in the entire India Inc including that of the otherwise most-profitable Reliance Industries, while annual profit peaked at Rs 61,077 crore. At Rs 20,698 crore, SBI’s March quarter …

Reliance Jio becomes top telecom service provider of India, followed by Airtel and Vi
8 months, 1 week ago

Reliance Jio becomes top telecom service provider of India, followed by Airtel and Vi

India TV News  

Telecom Regulatory Authority of India has released the user data of telecom companies for March 2024 which revealed that Jio has taken a big leap once again in terms of users in the country. As per the report which surfaced in March 2024, TRAI has reportedly released the list of customers joining Jio, Vi, Airtel and BSNL- leaving the companies. …

Reliance Industries quarterly profit stays flat; annual earnings hit record at ₹69,621 crore
8 months, 3 weeks ago

Reliance Industries quarterly profit stays flat; annual earnings hit record at ₹69,621 crore

Hindustan Times  

New Delhi, Reliance Industries Ltd on Monday reported an almost flat March quarter net profit, while its annual earnings hit a record high on the back of a recovery in its core oil and petrochemicals business and sustained momentum across the consumer-facing telecom and retail businesses. Reliance Industries quarterly profit stays flat; annual earnings hit record at ₹ 69,621 crore …

Top News on April 22: Arvind Kejriwal insulin row, Reliance Q4 results, Lok Sabha campaign and more
8 months, 3 weeks ago

Top News on April 22: Arvind Kejriwal insulin row, Reliance Q4 results, Lok Sabha campaign and more

Live Mint  

Political parties dominated news headlines on Monday amid the Lok Sabha elections — from the AAP insulin row in Tihar jail to outrage over remarks made by Prime Minister Narendra Modi. Here are some of the top news headlines: Reliance Q4 results Reliance Industries reported an almost flat March quarter net profit amid a recovery in its core oil and …

RIL Q4 results today: Here are key things to track and look out for
8 months, 3 weeks ago

RIL Q4 results today: Here are key things to track and look out for

Hindustan Times  

Reliance Q4 results today: Mukesh Ambani-led Reliance Industries Ltd. is set to release its March quarter results today. Date and time of RIL Q4 results: Reliance Industries- India’s largest company in terms of market capitalisation- will declare the results of the fourth quarter of financial year 2023-24 today. RIL Q4 results expectations: Prabhudas Lilladher expects the conglomerate to report 10.7 …

Jio Financial Services hits ₹2 lakh crore market cap, a 1st: What's happening
10 months, 3 weeks ago

Jio Financial Services hits ₹2 lakh crore market cap, a 1st: What's happening

Hindustan Times  

Jio Financial Services share: In a first, Jio Financial Services Ltd's market capitalisation exceeded ₹2 lakh crore driven by a 35 per cent surge in its share price this year while Reliance Industries hit a record high today. Reliance Industries is leading the list with a market cap of ₹20.05 lakh crore, followed by Tata Consultancy Services ₹14.78 lakh crore …

Stocks to Watch: Adani Group, Mahindra & Mahindra, Zee, Hindalco, BHEL
11 months ago

Stocks to Watch: Adani Group, Mahindra & Mahindra, Zee, Hindalco, BHEL

Live Mint  

Adani Group: US-headquartered ratings firm Moody's upgraded the ratings of two green energy firms and two electricity generation and distribution firms of the Adani Group following improved financials, timely debt repayments and a capital infusion by the group over the past year. On Tuesday, Moody's upgraded the ratings of four Adani firms to stable — Adani Green Energy Ltd, Adani …

Reliance Industries Q3 Results: Net Profit Jumps 9 Per Cent To Rs 17,265 Crore
11 months, 3 weeks ago

Reliance Industries Q3 Results: Net Profit Jumps 9 Per Cent To Rs 17,265 Crore

ABP News  

Reliance Industries Ltd on Friday clocked a 9 per cent rise in its December quarter net profit as a planned maintenance-induced weakness in oil business earnings was offset by stability in retail and telecom verticals. The company's net profit of Rs 17,265 crore, or Rs 25.52 per share, in October-December, the third quarter of the current 2023-24 fiscal, was 9.3 …

Reliance Jio Q3 net profit surges 12.2 per cent to Rs 5,208 crore, revenue rises 10.3 per cent to Rs 25,368
11 months, 4 weeks ago

Reliance Jio Q3 net profit surges 12.2 per cent to Rs 5,208 crore, revenue rises 10.3 per cent to Rs 25,368

India TV News  

India's largest telecom operator, Reliance Jio, reported a 12.2 per cent increase in its net profit for the December quarter, reaching Rs 5,208 crore. Jio's revenue from operations also showed positive growth, rising by 10.3 per cent to Rs 25,368 crore in the third quarter, compared to Rs 22,998 crore in the year-ago period. The company's earnings before interest, taxes, …

Reliance Industries posts 9 per cent surge in Q3 net profit to Rs 17,265 crore
11 months, 4 weeks ago

Reliance Industries posts 9 per cent surge in Q3 net profit to Rs 17,265 crore

India TV News  

Reliance Industries Limited reported a 9 per cent rise in its third quarter net profit which stood at Rs 17,265 crore. Jio Platforms Limited witnessed an 11.4 per cent Y-o-Y increase in revenue, driven by robust subscriber growth in mobility and homes, along with improved average revenue per user. Reliance Retail Ventures Limited showed a strong performance, with a 22.8 …

Jio Financial plunges nearly 6 per cent as Q3 net profit declines 56 per cent QoQ to Rs 293.82 crore
1 year ago

Jio Financial plunges nearly 6 per cent as Q3 net profit declines 56 per cent QoQ to Rs 293.82 crore

India TV News  

Jio Financial Services shares fell as much as 5.68 per cent in early trade on Tuesday after the company reported a 56 per cent decline in quarter-on-quarter net profits, falling from Rs 668.18 crore in Q2 FY24 to Rs 293.82 crore in the reviewed period. The quarterly revenue of the Reliance Industries-backed company also dropped by 32 per cent, decreasing …

Reliance Jio announces new annual recharge plan for Rs 2999: Check out the benefits
1 year ago

Reliance Jio announces new annual recharge plan for Rs 2999: Check out the benefits

India Today  

In an exciting Republic Day announcement, Jio has introduced a limited-time annual prepaid recharge plan, available for Rs 2,999. The Republic Day offer also includes a flat Rs 500 Ajio discount coupon applicable to purchases exceeding Rs 2,499. Jio's annual recharge plans extend beyond this limited-time offer, featuring options priced at Rs 3,662, Rs 3,226, Rs 3,225, Rs 3,227, and …

Reliance Industries to announce Q3FY24 results on 19 January
1 year ago

Reliance Industries to announce Q3FY24 results on 19 January

Live Mint  

India's multinational conglomerate Reliance Industries Limited will announce its third-quarter results on 19 January. In a regulatory filing, the company informed that a presentation to analysts and media on the financial results ending 31 December 2023 will be made on the same day after the board's meeting. “We wish to inform you that pursuant to Regulation 29 and other applicable …

TCS Q3 Results: Net Profit Rises 8.2% To Rs 11,735 Crore, Revenue Up 4%; Rs 18 Special Dividend Declared
1 year ago

TCS Q3 Results: Net Profit Rises 8.2% To Rs 11,735 Crore, Revenue Up 4%; Rs 18 Special Dividend Declared

News 18  

Tata Consultancy Services, India’s largest IT services company, on Thursday posted a growth of 8.2 per cent year-on-year in its net profit to Rs 11,735 crore for the third quarter ended December 2023. Its revenue during October-December 2023 rose 4 per cent year-on-year to Rs 60,583 crore driven by strong double-digit growth in emerging markets, led by India. “We would …

TCS Q3 net profit rises 2 per cent to Rs 11,058 crore, revenue surges 4 per cent YoY
1 year ago

TCS Q3 net profit rises 2 per cent to Rs 11,058 crore, revenue surges 4 per cent YoY

India TV News  

India's largest IT services company, Tata Consultancy Services, reported a net profit of Rs 11,058 crore in the quarter ended December 31, 2023, marking a 2 percent YoY increase from Rs 10,846 crore in the corresponding quarter of the previous fiscal year. Consolidated revenue rose 4 percent YoY, reaching Rs 60,583 crore in the three months to December 31, according …

Jio launches Happy New Year 2024 plan at ₹2999: Details on validity, offers and all you need to know
1 year ago

Jio launches Happy New Year 2024 plan at ₹2999: Details on validity, offers and all you need to know

Live Mint  

Continuing its tradition of announcing an annual New Year plan, Reliance Jio has launched the Happy New Year 2024 prepaid plan at a price of ₹2,999 and with an additional validity of 24 days. The details page of the Jio New Year 2024 plan states that the new benefits will be available from 20 December 2023, but does not specifically …

'Reliance Industries will invest additional Rs 20,000 cr in West Bengal in three years', says Mukesh Ambani
1 year, 1 month ago

'Reliance Industries will invest additional Rs 20,000 cr in West Bengal in three years', says Mukesh Ambani

India TV News  

Reliance Industries chairman and MD Mukesh Ambani has announced that an additional Rs 20,000 crore will be invested in West Bengal in the next three years. "We plan to invest an additional Rs 20,000 crore in Bengal in the next three years for enhancing digital life solutions, augmenting Reliance Retail footprint and on bio-energy," he said at the Bengal Global …

Reliance Industries Q2 Results: Net Profit Soars 27% To Touch Rs 17,394 Crore
1 year, 2 months ago

Reliance Industries Q2 Results: Net Profit Soars 27% To Touch Rs 17,394 Crore

ABP News  

Reliance Industries on Friday reported a 27 per cent increase in net profit, attributable to the owners of the company, for the quarter ended September 30, 2023 via an exchange filing. Mukesh Ambani, Reliance’s Chairman and Managing Director, said, “Strong operational and financial contribution from all business segments has helped Reliance deliver another quarter of robust growth.” The company’s revenue …

Reliance Industries shares gain ahead of Q2 results
1 year, 2 months ago

Reliance Industries shares gain ahead of Q2 results

Live Mint  

Reliance Industries share price traded over 2% higher on Friday ahead of the announcement of financial results for the quarter ended September 2023. The billionaire Mukesh Ambani-led energy-to-telecom conglomerate Reliance Industries is expected to show a healthy rise in net profit and operating income during the second quarter of FY24 led by a decent growth in oil to chemicals segment …

Reliance Q2 Results Highlights: Net profit rises 27% to ₹17,394 crore on higher EBITDA, strong retail biz
1 year, 2 months ago

Reliance Q2 Results Highlights: Net profit rises 27% to ₹17,394 crore on higher EBITDA, strong retail biz

Live Mint  

Reliance Industries Q2 Results Highlights: Billionaire Mukesh Ambani-led Reliance Industries announced its July-September quarter results for fiscal 2023-24, reporting a rise of 27 per cent in consolidated net profit at ₹17,394 crore, compared to ₹13,656 crore in the corresponding period last year. Reliance Industries Q2 Earnings Live: RIL's media biz Revenue from operations for the segment grew 20.4 per cent …

Q2 Results impact: Jio Financial share price gains 3% as profit doubles in September quarter
1 year, 2 months ago

Q2 Results impact: Jio Financial share price gains 3% as profit doubles in September quarter

Live Mint  

Shares of Jio Financial Services rose over 3 percent to ₹232 on BSE on Tuesday after the company's profit doubled in the quarter ended September 2023 in its first results report after being carved out from Mukesh Ambani-led Reliance Industries. Its consolidated net profit surged 101.3 percent to ₹668.18 crore in the quarter under review versus ₹331.92 crore in the …

Stocks to Watch: HDFC Bank, Jio Financial, Grasim, SpiceJet, ICICI Securities
1 year, 2 months ago

Stocks to Watch: HDFC Bank, Jio Financial, Grasim, SpiceJet, ICICI Securities

Live Mint  

Here are the top stocks that could be in focus in today's trade: HDFC Bank: HDFC Bank Ltd on Monday reported a 51% jump in profit in the September quarter, beating analysts’ estimates, on higher other income and lower provisions. The bank saw net profit rise to ₹15,976 crore in the quarter that ended 30 September from ₹10,605 crore in …

TCS Q2 Results: Net Profit Rises 8.7% YoY To Rs 11,342 Crore, Rs 9 Interim Dividend Declared
1 year, 3 months ago

TCS Q2 Results: Net Profit Rises 8.7% YoY To Rs 11,342 Crore, Rs 9 Interim Dividend Declared

News 18  

Tata Consultancy Services, India’s largest IT services company, on Wednesday kick-started India’s Q2FY24 earnings season. The company posted an 8.73 per cent growth in its net profit to Rs 11,342 crore for the September 2023 quarter. The board of directors also approved a proposal to buyback up to Rs 4,09,63,855 equity shares of the company for an aggregate amount not …

TCS Q2 results: Net profit rises 8.7% to Rs 11,342
1 year, 3 months ago

TCS Q2 results: Net profit rises 8.7% to Rs 11,342

India TV News  

The country's largest software company Tata Consultancy Services on Wednesday said its net profit increased 8.7 percent year-on-year to Rs 11,342 crore in the September 2023 quarter. Its revenue from operations rose 7.9 percent year-on-year to Rs 59,692 crore in the reporting quarter from Rs 55,309 crore a year ago, the company said. The company's operating profit during the reporting …

In charts: Jio Financial Services’ promise of the future
1 year, 4 months ago

In charts: Jio Financial Services’ promise of the future

Live Mint  

The Mukesh Ambani-led Reliance Group likes to do everything big, from announcement to business scale. Reliance Industries first announced the demerger of Jio Financial Services from itself in late-2022. Ultimately, six other Reliance subsidiaries were housed in a company, Reliance Strategic Investments, which was renamed to Jio Financial Services. Its valuations will be driven by its investments in Reliance entities …

RJio spin-off or IPO expected within five years: Jefferies
1 year, 4 months ago

RJio spin-off or IPO expected within five years: Jefferies

Live Mint  

New Delhi: Brokerage house Jefferies expects Reliance Jio to be spun off or listed within the next four to five years, on the lines of Reliance Retail, even as the group creates a new energy business and repositions the telecom subsidiary as a technology company. Chairman will create the new energy business, and we expect him to likely spin off/IPO …

Reliance AGM 2023: From financial performance to AI revolution, read full speech
1 year, 4 months ago

Reliance AGM 2023: From financial performance to AI revolution, read full speech

Live Mint  

Reliance AGM 2023: Reliance Industries Limited Chairman Mukesh Ambani on Monday addressed the 46th Annual General Meeting of the company. The inaugural Jio True5G Lab will be located at the Reliance Corporate Park, acting as the nerve centre for shaping India’s 5G future. That’s why I am so proud of our forthcoming joint venture in India with Jio Financial Services, …

RIL trades flat ahead of 46th AGM at 2 pm today; Jio Financial surges 5%
1 year, 4 months ago

RIL trades flat ahead of 46th AGM at 2 pm today; Jio Financial surges 5%

Business Standard  

Shares of Reliance Industries Limited were flat at Rs 2,483 apiece on the BSE in Monday's intra-day trade ahead of 46th annual general meeting. As of 10:55 am, shares of JFSL were up 4.7 per cent to Rs 222 apiece on the BSE, while the stock clinched itself as top Nifty50 performer, up 3.7 per cent on the NSE. In …

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