INSUBCONTINENT EXCLUSIVE:
RIL on Friday reported a 4.47% rise in net profit at Rs 9,459 crore for the first quarter of 2018-19.Reliance Industries Ltd (RIL) on
Tuesday surpassed Tata Consultancy Services (TCS) in market capitalisation (market-cap) in India
At 1.08 pm, the market-cap of Reliance Industries on the BSE stood at around Rs 7.47 lakh crore, against the Rs 7.39 lakh crore worth of
market-cap of Tata Consultancy Services
reported a 4.47 per cent rise in net profit at Rs 9,459 crore for the first quarter of 2018-19 on the back of robust growth in its
petrochemical business backed by higher realisation in refining
The telecom arm of RIL, Reliance Jio Infocomm, which offers telecom services under brand Jio, also posted a standalone profit of Rs
7,340 crore in the April-June quarter, beating analysts' estimates
Its net profit grew about 24 per cent on a year-on-year basis helped by strong growth in its banking, financial services and insurance
divisions (BFSI).The share price of RIL on BSE stood at Rs 1,176.35, higher by 26.65 points 2.32 per cent from its previous close.
