Ahead of Q4 results announcement, RIL share price fell 1.42 per cent to end at Rs 1,994.45 apiece on BSE. Image: Reuters Mukesh Ambani-led RIL’s fourth quarter (January-March) net profit rose 108.36 per cent on-year to Rs 13,277 crore, which is below estimates. Oil-to-telecom major had reported a consolidated net profit of Rs 6,348 crore
Reliance Jio
Reliance Industries today announced its quarterly results. (Image: REUTERS) Mukesh Ambani’s Reliance Jio’s fiscal fourth-quarter net profit surged almost 50% on-year to Rs 3,508 crore. Jio Revenue for the January-March quarter rose 19% on-year to Rs 18,278 crore; however, revenue fell on a sequential basis owing to lower number of days during the quarter. Meanwhile,
Mukesh Ambani has done chemical engineering from the University of Bombay and joined his family business in 1981. Image: Reuters Reliance Industries Ltd (RIL) Chairman Mukesh Ambani is celebrating his 64th birthday today. Mukesh Ambani is the richest Indian with a net worth is $73 billion, according to the Bloomberg Billionaire index. Amid the second