RIL Q2 net profit up 12.5% to Rs 8,109 cr

New Delhi, Oct 13 (PTI) Reliance Industries Ltd (RIL)today said its consolidated net profit increased 12.5 per centto Rs 8,109 crore for the Septem...

New Delhi, Oct 13 (PTI) Reliance Industries Ltd (RIL)today said its consolidated net profit increased 12.5 per centto Rs 8,109 crore for the September quarter.

The company had reported a net profit of Rs 7,209 crorein the same quarter last fiscal, RIL said in a regulatoryfiling.

The company's revenue rose 23.9 per cent to Rs 1,01,169crore in the reported quarter as against Rs 81,651 crore inthe year-ago period.

Its telecom arm, Reliance Jio saw its net losses wideningto Rs 270.59 crore in the July-September quarter this fiscalagainst a net loss of Rs 21.3 crore in the preceding quarter.

The total income of Reliance Jio stood at Rs 6,148.73crore in the quarter under review.

The financials were announced after the markets closedfor trading today. Shares of the company closed at Rs 876.7apiece, up 0.48 per cent from the previous closing. PTI SRPRS MBIBAL.

This is unedited, unformatted feed from the Press Trust of India wire.

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