Reliance Industries Ltd’s fiscal fourth-quarter net profit at Rs 19,299 crore jumped 19.1% on-year, beating most analysts’ estimates, who forecasted a muted net profit and sales growth. RIL revenue for the January-March quarter rose 2.1% on-year to Rs 2.16 lakh crore.
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Earlier today, Reliance Jio reported a Q4FY23 net profit of Rs 4,716 crore, up 1.7 percent on-quarter ahead of Reliance Industries Ltd’s consolidated Q4 earnings.
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