Reliance Industries shares rise nearly 5%, poised for best week in six months after beating profit estimates due to strong retail performance

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Reliance industries shares surge 5% on strong Q3 profit boosted by retail growth

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Get latest articles and stories on Business at LatestLY. The robust performance in RIL's financials for the third quarter was attributed to the growth in the company's digital services, retail and oils-to-chemicals businesses. Business News | Reliance Industries Net Profit Soars 12% Driven by Digital, Retail Segment Growth.

Latestly

Reliance Industries Net Profit Soars 12% Driven by Digital, Retail Segment Growth

Jio Platforms Reports Robust Q3 FY25 Growth Jio Platforms announced a remarkable 25.95% surge in consolidated net profit, totaling Rs 6,861 crore for the third quarter of FY25. This growth was bolstered by an increase in average revenue per user (ARPU), which climbed to Rs 203.3 per month.The operational revenue of Jio Platforms, which encompasses Reliance Industries' telecom and digital sectors, swelled by 19.41% to Rs 33,074 crore for the quar…

Devdiscourse

Jio Platforms Reports Robust Q3 FY25 Growth

Reliance Jio Infocomm Ltd.'s consolidated net profit rose sequentially in the third quarter of the current financial year.The company's bottom line stood at Rs 6,477 crore during the October–December period as compared to Rs 6,231 crore in the previous quarter, according to an exchange filing on Thursday.Jio Q3 FY25 Highlights (Consolidated, QoQ)Revenue up 3% to Rs 29,307 crore versus Rs 28,338 crore.Ebitda up 3% to Rs 15,478 crore versus Rs 15,…

NDTV Profit

Reliance Jio Q3 FY25 Results: Revenue Up 3%, Margin Contracts

New Delhi:) Shares of Reliance Industries Ltd on Friday ended nearly 3 per cent higher after the firm reported a 7.4 per cent rise in the December quarter net profit. The bellwether stock ended at Rs 1,301.30 apiece, up 2.57 per cent on the BSE. During the day, it jumped 4.44 per cent to Rs 1,325.10. On the NSE, it climbed 2.64 per cent to settle at Rs 1,300 per share after swelling 4.70 per cent to Rs 1,326 during the day. The company's market …

NewsDrum

Reliance Industries shares settle nearly 3% higher after Q3 earnings

Metro Brands Limited reported its consolidated financial results for the third quarter ending December 31, 2024. The company’s revenue from operations increased to ₹703.09 crore, registering a 10.6% growth year-on-year (YoY) compared to ₹635.50 crore in the same period last year. The profit after tax (PAT) for the quarter surged 19.7% YoY to ₹94.39 crore from ₹78.81 crore in Q3 FY24. Sequentially, revenue grew by 20.1% from ₹585.45 crore in Q2 F…

Business Upturn

Metro Brands Q3 Results: Revenue rises 10.6% YoY to ₹703.09 crore, profit up 19.7% YoY to ₹94.39 crore

Reliance Jio, India’s largest telecom operator, released its quarterly performance for Q3 FY25. The telecom operator’s revenues jumped to Rs

Telecom Talk

Jio Net Profit at Rs 6,871 Crore, ARPU Jumps to Rs 203.3 in Q3 FY25

Digital and new commerce businesses accounted for 18% of the total revenue of Reliance Retail in the third quarter (Q3) of the financial year 2024-25 (FY25).  Overall, Reliance Retail’s operating revenue jumped 7% to INR 79,595 Cr during the quarter under review from INR 74,373 during the corresponding quarter last fiscal. Net profit rose 10% to INR 3,458 Cr from INR 3,145 Cr in Q3 FY24.  On a sequential basis, net profit grew 21.9% from INR 2,8…

Inc42 Media

Reliance Retail Q3: Digital & New Commerce Business Account For 18% Of Revenue

Mukesh Ambani News: The country's largest company, Reliance Industries Limited (RIL), has performed brilliantly in the results of the third quarter of FY 2024-25. The company's net profit increased by 7.4% to Rs 18,540 crore. Reliance Jio and Reliance Retail have played an important role in this success, which registered strong growth in their respective sectors.Profit of Rs 18,540 croreDuring October-December 2024, Reliance's net profit stood a…

Zoom News

Mukesh Ambani News: Jio rained money on Mukesh Ambani, made a profit of 18,540 crores

Earnings at Mukesh Ambani’s $198 bln giant grew 7%, supported by its energy business. But US sanctions against Russian oil will dull gains from a 10-yr supply deal it just signed with Rosneft. The curbs appear to have caught it off guard and threaten its share price recovery.

Reliance industries shares surge 5% on strong Q3 profit boosted by retail growth

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