TBB BUREAU MUMBAI, MAY 6, 2022 Mukesh Ambani-led Reliance Industries Ltd on Friday reported a 22.5 per cent rise in net profit for the quarter ended March 2022 (Q4FY22) on the back of bumper oil refining margins, steady growth in telecom and digital services and strong momentum in the retail business. RIL’s consolidated net profit rose to Rs 16,203 crore ...
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RIL inks pact for UAE chemical project; in talks with ADNOC
TBB BUREAU ABU DHABI/MUMBAI, APRIL 26, 2022 Abu Dhabi Chemicals Derivatives Company RSC Ltd (TA’ZIZ) and Reliance Industries Limited (RIL) have signed the formal Shareholder Agreement for the TA’ZIZ EDC & PVC project. Reliance is India’s largest diversified conglomerate and a strategic partner with Abu Dhabi National Oil Company (ADNOC) and ADQ, an Abu Dhabi-based investment and holding company, in ...
Read More »RIL Q3FY22 net profit jumps 38 percent YoY to Rs 20,539 cr
TBB BUREAU MUMBAI, JANUARY 21, 2022 Reliance Industries Limited (RIL) on Friday reported record financial performance for the quarter ended 31st December 2021 with all its businesses posting robust growth. The company reported its highest ever consolidated net profit of Rs 20,539 crore and EBITDA of Rs 33,886 crore, with the revenues touching all time high of Rs 209,823 crore. ...
Read More »RIL’s Q2FY22 YoY net profit jumps 46pc to Rs 15,479 cr
TBB BUREAU MUMBAI, OCT 22, 2021 Mukesh Ambani-owned Reliance Industries Ltd (RIL) on Friday reported 46 per cent growth in its year-on-year (YoY) consolidated net profit for the quarter ended September 30, 2021. Based on robust performances in Retail, Digital, Oil and Chemicals businesses, Reliance Industries Limited recorded Rs. 15,479 crore net profit in Q2 FY22 spanning July-September 2021. In ...
Read More »Reliance to double PET recycling capacity
TBB BUREAU MUMBAI, AUG 4, 2021 As part of its commitment to lead the industry on circular economy, enhance its sustainability quotient and bolster the entire polyester and polymer value chain, Mukesh Ambani-owned Reliance Industries Ltd (RIL) will double its capacity to recycle plastic bottles after a third-party recycled polyester staple fibre (PSF) manufacturing facility is set up in Andhra ...
Read More »RIL fixes May 12 as Record Date for First Call on partly paid-up equity shares
TBB BUREAU MUMBAI, MAY 4, 2021 The Rights Issue Committee constituted by the Board of Directors of Reliance Industries Ltd (RIL) has fixed May 12, 2021 as the Record Date for the purpose of determining the holders of the partly paid-up equity shares who shall be liable to pay the money on the ‘first call’. In a regulatory filing, RIL ...
Read More »RIL’s Q3FY21 consolidated net profit rises to Rs 14,894 cr
TBB BUREAU NEW DELHI, JANUARY 22, 2021 Reliance Industries Ltd (RIL) on Friday reported a rise of over 25 per cent in its consolidated net profit for the quarter ended December 31 of FY2020-21 on a year-on-year (YoY) basis. Accordingly, the company’s consolidated net profit during the third quarter of FY21 increased to Rs 14,894 crore from Rs 11,841 crore ...
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