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RIL consolidated revenue increases by 7.4 pc in Q3 results

Reliance Industries Limited (RIL) on Friday released results for the third quarter of the financial year 2020-21 in which it said that the consolidated revenue for the quarter was Rs 1,37,829 crore, which was 7.4 per cent higher than the July-September quarter of FY21.

The Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) for RIL before exceptional item for the quarter was Rs 26,094 crore, higher by 12 per cent Q-o-Q. The net profit before exceptional item for RIL for the quarter was Rs 15,015 crore, which was higher by 41.6 per cent Q-o-Q.

The cash profit before exceptional item for RIL was Rs 21,473 crore, higher by 27.5 per cent Q-o-Q. The Earnings Per Share (EPS) before exceptional item for RIL was Rs 20.5 per share which registered an increase of 38.2 per cent Q-o-Q.

RIL further stated that standalone revenue for the quarter was Rs 71,454 crore, higher by 10.9 per cent. Standalone EBITDA before exceptional item for the quarter was Rs 12,306 crore, higher by 4.2 per cent.

The standalone net profit before exceptional item for the quarter was Rs 8,744 crore, higher by 33.6 per cent. The standalone cash profit before exceptional item for the quarter was Rs 9,376 crore, higher by 30.2 per cent.

The exports for the quarter was Rs 31,559 crore, which was a decline of 8.5 per cent Q-o-Q.

Source
ET Energy World
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