Just a moment...

Report
FeedbackReport
Bars
Logo TaxTMI
>
×

By creating an account you can:

Feedback/Report an Error
Email :
Please provide your email address so we can follow up on your feedback.
Category :
Description :
Min 15 characters0/2000
TMI Blog
Home / RSS

Reliance Industries shares jump over 5 pc post Q4 earnings;mkt valuation soars Rs 92,629 cr

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....eliance Industries shares jump over 5 pc post Q4 earnings;mkt valuation soars Rs 92,629 cr<BR>PTI News<BR>Dated:- 28-4-2025<BR>PTI<BR>New Delhi, Apr 28 (PTI) Shares of Reliance Industries Ltd on Monday jumped over 5 per cent, adding Rs 92,629.1 crore to its market valuation, after the firm reported a 2.4 per cent rise in the March quarter net profit. The blue-chip stock climbed 5.27 per cent to ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....settle at Rs 1,368.50 apiece on the BSE. During the day, it soared 5.75 per cent to Rs 1,374.90. On the NSE, it surged 5.06 per cent to Rs 1,366.30 apiece. The company's market valuation jumped by Rs 92,629.1 crore to Rs 18,51,905.23 crore. The stock emerged as the biggest gainer among the Sensex and Nifty firms. Sharp rally in the stock was instrumental in driving the markets higher. The ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....30-share BSE benchmark gauge jumped 1,005.84 points or 1.27 per cent to settle at 80,218.37. The NSE Nifty rallied 289.15 points or 1.20 per cent to 24,328.50. Reliance Industries Ltd on Friday reported a 2.4 per cent rise in the March quarter net profit as store rationalisation in the retail business and improved margins in telecom helped offset weakness in mainstay oil and petrochemicals busin....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ess and higher finance cost. Consolidated net profit of Rs 19,407 crore, or Rs 14.34 per share, in January-March -- the fourth quarter of April 2024 to March 2025 fiscal (FY25) - was higher than Rs 18,951 crore, or Rs 14 a share, in the same period a year back, the company said in a statement. Profit was also up sequentially from Rs 18,540 crore in the October-December quarter. Annual profit....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....s were almost unchanged at Rs 69,648 crore, but the oil-to-telecom-and-retail conglomerate became the first company to hit a net worth of over Rs 10 lakh crore in 2024-25. Last year, it became the first company to hit a market cap of Rs 20 lakh crore. In the fourth quarter, an increased subscriber base led to higher earnings in the telecom business while a rationalisation of stores and pickup in....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... quick commerce improved retail metrics. The oil-to-chemicals (O2C) business, however, saw pre-tax earnings fall on lower fuel cracks and polyester chain margins. The profit before tax (EBITDA) rose 3.6 per cent to Rs 48,737 crore. This was despite an almost 7 per cent rise in finance cost due to higher debt (Rs 3.47 lakh crore as of March 31, 2025, compared to Rs 3.24 lakh crore a year back). ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... Jio Platforms Ltd, the unit that houses the telecom and digital businesses, saw profits rise by 26 per cent to Rs 7,022 crore in Q4 and 22 per cent in full-year (Rs 26,120 crore). PTI SUM SUM SHW<BR> News - Press release - PIB....