Reliance Industries' Q3 Performance: Beyond Expectations and Setbacks Read More>>>

Source- economictimes

Profit Beat

Reliance Industries beats profit estimates with a 9.3% YoY growth at Rs 17,265 crore, driven by strong performance in digital and retail businesses.

Source- economictimes

Revenue Snapshot

Consolidated revenue reaches Rs 2.28 lakh crore, slightly below the estimated Rs 2.36 lakh crore, marking a 3.6% YoY growth.

Source- economictimes

Segment-wise Performance

Despite a 3% dip in topline sequentially, EBITDA grows 17% YoY to Rs 44,678 crore, showcasing robust performance across all business segments.

Source- economictimes

Capex and Cash Position

Capital expenditure for the quarter is Rs 30,102 crore, down from Rs 38,815 crore. Cash and equivalents stand at Rs 1.92 lakh crore, up from Rs 1.78 lakh crore.

Source- economictimes

Debt Dynamics

Reliance's consolidated debt rises to Rs 3.12 lakh crore, compared to Rs 2.96 lakh crore in the previous quarter, reflecting an increase in financial obligations.

Source- economictimes

Business Resilience

Overcoming challenges in the oil-to-chemicals sector, Reliance displays resilience with strong digital and retail performance, contributing to the overall positive Q3 results.

Source- economictimes