Reliance Industries will announce Q2 results on October 14

Reliance Industries will announce Q2 results on October 14

The board of Reliance Industries Limited (RIL) will meet on October 14 to consider and approve the financial results for the quarter ended September 2024.

“A meeting of the Board of Directors of the Company is scheduled to be held on October 14, 2024, to consider and approve the standalone and consolidated unaudited financial results of the Company for the quarter and half year ended September 30, 2024,” the company said in the filing.

After the meeting, the company’s financial results will be presented to analysts and the media on the same day.

Mukesh Ambani-owned RIL reported a 5% decline in its consolidated net profit for the first quarter ended June 2024.

Income from operations grew by 12% year-on-year in the reporting period to Rs. 2.36 lakh crores.

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    Strong revenue growth was led by higher oil and product prices in the O2C segment and strong volume growth in the oil and gas segment. Continued growth in consumer businesses also contributed to the increase in revenue.

    On Monday, shares of RIL closed down 1.17% at Rs 2,740.7 on the NSE.

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