Reliance Released The Results Of Three Companies Together

Reliance released the results of three companies together, the first quarter of Fy22 was spectacular.

The results for the Q1 of FY22 of Reliance Industries have been released, in which the company’s net profit has increased by 66.7 percent to Rs 13,806 crore.

Along with this, the company’s cash profit has increased by 56.7 percent to Rs 21828 crore. The company’s EPS has increased by 46.7 percent.

At the same time, EBITDA has increased by more than 27 percent to Rs 27550 crore. These results are on a consolidated basis.

RIL Result on a Standalone basis.

On a stand-alone basis, RIL’s EBITDA has increased by more than 32 percent to Rs 15048 crore. While net profit increased by 76.3 percent to Rs 8595 crore.

At the same time, the cash profit was more than 99 percent at Rs 10905 crore. The company’s exports increased by 71.8 percent to Rs 56156 crore.

The company’s CMD Mukesh Ambani said that the company’s performance has been excellent. Despite this, we were surrounded by Covid mahamari.

Net profit more than doubled in the last quarter of FY21.

Let us tell you that Mukesh Ambani-led Reliance Industries had more than doubled in net profit in the last quarter of FY21.

The company had said that it had a net profit of Rs 13,227 crore in the January-March quarter.

During that time the company had a net profit of Rs 6,348 crore. The company’s income during that time was Rs 1,72,095 crore.

Reliance Jio results.

RIL has also released the results of Reliance Jio. In this, the EBITDA of the company on a consolidated basis increased by more than 21 percent to Rs 8892 crore.

While net profit increased by 44.9 percent to Rs 3651 crore. The customer base of the company stood at 440.6 million as of June 30.

Reliance retail results.

Along with this, the results of Reliance retail have also come. Of these, the EBITDA on a consolidated basis increased by more than 79 percent to Rs 1941 crore.

At the same time, net profit increased by 123 percent to Rs 962 crore.

The investigation will continue against Amazon, Flipkart, the court said, if you have not done anything wrong then why are you afraid of investigation

Anti-trust investigations against giant e-commerce companies Amazon and Flipkart will continue.

The Karnataka High Court has dismissed petitions challenging the ongoing Competition Commission’s (CCI) probe against the two companies for violating norms.

In their judgment, Justices Satish Chandra Sharma and Nataraja Rangaswamy said that if the petitioners have not violated the rules, then they should not be afraid of investigation.

The bench said the investigation cannot be stopped at this stage.