Reliance Industries Ltd consolidated Q1 FY2023 net profit up at Rs. 17955 crores

Reliance Industries Limited has reported Consolidated financial results for the period ended June 30, 2022.

Financial Results (Q1 FY2023) - QoQ Comparison

The company has reported total income of Rs. 225360 crores during the period ended June 30, 2022 as compared to Rs. 214344 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. 17955 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. 16203 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. 26.54 for the period ended June 30, 2022 as compared to Rs. 23.95 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 225360 crs	₹214344 crs	5.14%
Net Profit	₹17955 crs	₹16203 crs	10.81%
EPS	₹26.54	₹23.95	10.81%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 225360 crores during the period ended June 30, 2022 as compared to Rs.148591 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.17955 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.12273 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.26.54 for the period ended June 30, 2022 as compared to Rs.18.63 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 225360 crs	₹148591 crs	51.66%
Net Profit	₹17955 crs	₹12273 crs	46.30%
EPS	₹26.54	₹18.63	42.46%

Shares of Reliance Industries Limited was last trading in BSE at Rs. 2502.90 as compared to the previous close of Rs. 2487.40. The total number of shares traded during the day was 394782 in over 21054 trades.

The stock hit an intraday high of Rs. 2516.80 and intraday low of 2495.00. The net turnover during the day was Rs. 989211044.00.

Source : Equity Bulls

Keywords

RelianceIndustries Q1FY23 ResultUpdate RIL