Free Share Market Tips expert report says the fourth quarter of the fiscal year 2018 for the Reliance industry is better. During this period, the company's income is more than Rs 1 lakh crore. In the fourth quarter, RIL's profit increased by 17.26 percent to Rs 9435 crore. Meanwhile, the profit of Telecom Vertical Jio has increased from Rs 504 crores to Rs 510 crores during this period. In the fourth quarter, RIL's GRM has been $ 11 a barrel. The company has announced dividends of Rs 6 per share.
The company's PBDIT (Depreciation Interest and Profit After Tax) has crossed $ 10 billion for the first time.
During the year 2017-18, the net revenue of the company was Rs 4,30,731 crore.
- In this, an increase of 30.5 percent has been recorded.
Net revenues of the company during the year 2016-17 were Rs 3,30,180 crores.
Net profit up 20.6 percent from the previous financial year.
-The company has Rs 78,063 in cash as against Rs 78,617 crore in the December quarter.
-Reliance Retail's pre-tax profit has increased 200 percent.
Jio 510 Crore Profit
Free Share Market Tips, In the fourth quarter, Reliance Jio's profits increased to Rs 510 crore. In the third quarter, it was 504 crores. Meanwhile, Jio's income has increased from 6879 crores to 7128 crores during this period. Jio has so far become 18.66 million subscribers. The company has reported that in the quarter, the customer spent 506 crores GB of data. In this way, it recorded 17.4% growth compared to the previous quarter.
Profit up 17.26%
During the fourth quarter, RIL's profit increased by 17.26 percent to Rs 9435 crore. This is the second most consolidated quarterly profit so far. RIL's profits in the fourth quarter of the fiscal year 2017 were Rs 8046 crore. In the last quarter, there was a profit of Rs 9,423 crore in the last quarter.
Consolidated Sales Increased by 29.34%
In the fourth quarter, RIL's consolidated sales grew 29.34 percent year-on-year to 1.20 lakh crore rupees. In the fourth quarter of the fiscal year 2017, RIL's consolidated sales were 92889 crores. At the same time, income in the third quarter was 1.09 lakh crores. Earlier, in the December quarter of 2013, RIL's consolidated sales stood at Rs 1.18 lakh crore, which was the highest.
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