Reliance Q2 Results Total Income Reaches ₹240,357 Crores

Reliance Q2 Results

Reliance Q2 Results: The Reliance Industries financial table shows the company’s performance for the quarter and half-year ending on September 30, 2024. In the quarter, RIL made a total income of ₹240,357 crores. This includes revenue from sales and services, which was ₹258,027 crores, after deducting ₹22,546 crores for GST (Goods and Services Tax). RIL's total expenses for the quarter were ₹215,320 crores, which includes costs for materials, employee benefits, finance, and depreciation.

Reliance's profit before tax for the quarter was ₹25,037 crores, and after paying taxes, the profit after tax was ₹19,101 crores. This shows that the company is making a good profit. Additionally, the company had a share of profit from its associates of ₹222 crores, leading to a total profit of ₹19,323 crores after accounting for this share.

Reliance also reported another comprehensive income of ₹(1,506) crores, which affects the overall earnings. The total comprehensive income for the quarter, which includes all profits and losses, was ₹17,817 crores.

Here’s a simplified summary of the unaudited consolidated financial results for the quarter and half-year ended September 30, 2024, presented in a structured table format:

(in Crores)

Source: Here 

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Reliance Financial Metrics

The table shows important financial information about Reliance. The market capitalization is ₹18,43,080 crore, which means the total value of all its shares. The current price of each share is ₹2,724. The highest price reached in the past is ₹3,218, while the lowest is ₹2,220. The price-to-earnings ratio (P/E) is 27.2, indicating how much investors are willing to pay for each unit of earnings. The book value per share is ₹1,211, which reflects the company's net asset value. The dividend yield is 0.36%, showing a small return from dividends. 

Here’s the financial information you provided, organized in a clear table format:

Quarterly Results 

The Reliance table shows the company’s financial results for March, June, and September 2024. In March 2024, Reliance had sales of ₹236,533 crores and a high net profit of ₹21,243 crores, with an earnings per share (EPS) of ₹28.01, indicating strong performance. However, in June 2024, sales dropped slightly to ₹231,784 crores, and net profit fell to ₹17,445 crores, leading to a lower EPS of ₹22.37. 

Here’s the table with only the data for Mar 2024, Jun 2024, and Sep 2024:

(in Rs. Crores)

About Reliance 

Reliance Industries is a big company in India, based in Mumbai. It was founded in 1958 by Dhirubhai Ambani. Reliance works in many areas, including oil, gas, chemicals, retail, telecommunications, media, and textiles. It is the largest public company in India and one of the biggest in the world. Reliance is important for the Indian economy because it pays a lot of taxes and is the largest exporter in the country.

Reliance has many well-known brands, such as Jio for telecommunications and Reliance Retail for shopping. Over the years, Reliance has faced some controversies related to politics and business practices, but it continues to grow and expand its operations worldwide. Today, Mukesh Ambani leads the company, and it has a large number of employees, making it a significant player in both the Indian and global markets.