Reliance Industries (RIL) in its Q3FY22 results announced today (January 21, 2022) posted a consolidated PAT of Rs. 18,459 crore, up 42% from Rs. 13,101 crore reported in the same quarter a year ago. In the previous quarter ended September, the company logged a profit of Rs. 13,680 crore.
Revenue from operations at the company registered growth both YoY as well as sequentially to Rs. 1,91,271 crore. The same in the corresponding quarter a year ago has been at Rs. 123,997 crore while in the previous September quarter stood at Rs. 174,104 crore.
The robust growth recorded by the company has been on the back of strong performance across business segments, chiefly refining, retail, telecom and exploration and production (E&P). In its refining and petrochemicals business, the company logged a healthy growth in margins along with volumes. Furthermore, the company's retail and telecom businesses also saw good growth driven by revival in retail demand and increase in ARPU, respectively.
The stock of RIL ahead of its quarterly numbers settled at Rs. 2477.85 per share on the NSE.