Reliance Industries Q3 Financial Performance Overview

Reliance Industries Ltd has announced a significant 7.4% increase in its net profit for the December quarter, showcasing a robust recovery in its retail sector and a notable rise in telecom earnings. The conglomerate's consolidated net profit reached Rs 18,540 crore, or Rs 13.70 per share, marking a substantial growth from Rs 17,265 crore, or Rs 12.76 a share, in the corresponding period of the previous year.

Sequentially, the profit also saw an uptick from Rs 16,563 crore in the July-September quarter. The operational revenue of the company escalated to Rs 2.43 lakh crore, up from Rs 2.27 lakh crore in the October-December quarter of 2023.

Other Noteworthy Updates

In other news, Saif Ali Khan has issued a statement regarding his recent stabbing incident, urging fans for patience and detailing his recovery process. This incident has captured widespread attention, highlighting the personal challenges faced by public figures.