Reliance Industries Q2 Results: The country’s largest private company Reliance Industries has announced its quarterly results for the second quarter July-September of the financial year 2024-25. The company’s revenue from operations in the second quarter was Rs 2.35 lakh crore. Whereas the net profit of the company in this quarter has been Rs 16,563 crore, which is 5 percent less than the net profit of Rs 17,394 crore in the same quarter last year. But the profit of Rs 15,138 crore in the first quarter of the current financial year is 9.4 percent more than the profit of Rs 15,138 crore in the April to June quarter.
Giving information about the results in the regulatory filing, Reliance Industries said that the company’s revenue was Rs 2.35 lakh crore whereas in the first quarter the company’s revenue was Rs 236,217 crore. On the results, Chairman Mukesh Ambani said, our excellent performance has been seen due to the excellent growth in digital services and upstream business. This has helped offset the weak performance of the oil to chemicals business due to global demand-supply dynamics.
Reliance Jio told Telecom Business that the average revenue per user has increased by 7.4 percent to Rs 195.1. The company said that the full impact of the tariff hike will be seen in the next 2-3 quarters. The number of Jio’s 5G subscribers has reached 148 million.
