Reliance Industries’ Q2 profit at Rs 17,400 crore, revenue jumps to Rs 2.3 lakh crore

Reliance Industries’ net profit for the quarter ended September 2023 came in at Rs 17,394 crore.

Reliance Industries’ net profit for the quarter ended September 2023 came in at Rs 17,394 crore against Rs 13,656 crore reported during the same period last year. The oil-to-telecom conglomerate had posted a net profit of Rs 16,011 crore in the previous quarter.

Reliance Industries’ Q2 revenue came in at Rs 2.32 lakh crore against Rs 2.30 lakh crore reported during the same period last year. Its EBITDA for Q2 stood at Rs 40,968 crore, while EBITDA Margin came in at 17.7% vs 13.6% in the same period last year.

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