Reliance Industries will launch Q3 outcomes on January 16, there was a rise in revenue within the September quarter. – INA NEWS
Reliance Industries December Quarter Outcomes: Mukesh Ambani’s Reliance Industries Restricted will launch its monetary outcomes for the October-December 2024 quarter on Thursday, January 16, 2025. The corporate has informed the inventory markets that its board will meet on January 16 to debate and approve the monetary outcomes for the third quarter of the monetary 12 months 2024-25 and the nine-month interval between April-December.
After this, the monetary outcomes shall be introduced on the identical day. Reliance Industries is essentially the most precious firm of Sensex. Its market cap is Rs 16.78 lakh crore. The share worth of the corporate closed at Rs 1240.05 on BSE on January 13, 2025.
RIL’s revenue fell by 5 % in September quarter
The corporate’s web consolidated revenue within the July-September 2024 quarter had declined by 5 % on an annual foundation to Rs 16,563 crore. A 12 months in the past it was Rs 17,394 crore. Nonetheless, on quarterly foundation there was a rise of 9.4 % in web revenue. The online consolidated revenue of Reliance Industries elevated marginally on an annual foundation to Rs 2.4 lakh crore within the September 2024 quarter, from Rs 2.38 lakh crore within the September 2023 quarter.
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Shares fell 22 % in 6 months
In accordance with BSE, Reliance Industries shares have weakened by 22 % within the final 6 months. The promoters held 50.24 % stake within the firm until October 29, 2024. The inventory had created a 52-week excessive of Rs 1,608.95 on July 8, 2024. Whereas the 52-week low of Rs 1,202.10 was seen on December 20, 2024. The face worth of the share is Rs 10.
The higher worth band for RIL shares on BSE is Rs 1,364.05 and the lower cost band is Rs 1,116.05. The corporate had given a ultimate dividend of Rs 10 per share for the monetary 12 months 2023-24. The inventory traded ex-dividend on August 19, 2024.
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Reliance Industries will launch Q3 outcomes on January 16, there was a rise in revenue within the September quarter.
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