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Reliance Industries posts Rs 13,248 crore net profit for June quarter

Reliance Industries Ltd on Thursday reported a better-than-expected net profit of Rs 13,248 crore in the June quarter on the back of exceptional income. Net profit was Rs 10,141 crore in the same period a year back, the company said in a regulatory filing.  

Edited by: PTI New Delhi Published on: July 30, 2020 20:09 IST
Reliance Industries posts Rs 13,248 crore net profit for
Image Source : INDIA TV

Reliance Industries posts Rs 13,248 crore net profit for June quarter

Reliance Industries Ltd on Thursday reported a better-than-expected net profit of Rs 13,248 crore in the June quarter on the back of exceptional income. Net profit was Rs 10,141 crore in the same period a year back, the company said in a regulatory filing.

The company said it recognized an exceptional gain of Rs 4,966 crore from stake sale.

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