Reliance Industries has reported strong earnings for the September 2020 quarter driven by the telecom and retail businesses.
Consolidated profit for the September quarter stood at Rs 9,567 crore, against adjusted profit at Rs 8,380 crore in the June quarter.
The reported profit at Rs 13,248 crore in the June quarter had included an exceptional income of Rs 4,966 crore following stake sale to BP in Reliance BP Mobility.
Consolidated revenue from operations for the quarter came in at Rs 1,16,195 crore compared to Rs 1,53,384 crore in the previous quarter.
Team RYR&Co.
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