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| Name | Business News Update: Decoding RIL Q1 - A Quarter Of Records |
| Video Uploader | Video From moneycontrol |
| Upload Date | This Video Uploaded At 23-07-2022 05:27:39 |
| Video Discription | It was a quarter of records for RIL as it reported better than expected profit and revenue growth led by stellar performance in oil to chemical and retail arms. The conglomerate’s profit grew 46% YoY to Rs 17,955 cr. Its oil to chemicals segment delivered its best-ever quarterly performance while oil & gas segment revenues increased by 183 percent YoY to Rs 3,625 cr thanks to higher international prices and ramp up in exports. Meanwhile, its retail business topped the pre-covid footfall numbers due to an ever expanding network of stores. When it comes to Jio, its average revenue per user (ARPU) climbed to Rs 175.7 against Rs 167.60 in the previous quarter, a jump of 4.8% QoQ. Watch Karunya Rao and Rachita Prasad as they decode the Mukesh Ambani led firm’s quarterly performance. #ril #reliance #moneycontrol #retail #oil #jio #earnings Disclaimer: Moneycontrol is a part of the Network18 group. Network18 is controlled by Independent Media Trust, of which Reliance Industries is the sole beneficiary. Follow us: Website: https://www.moneycontrol.com/ Facebook: https://www.facebook.com/moneycontrol/ Twitter: http://www.twitter.com/moneycontrolcom Instagram: https://www.instagram.com/moneycontrolcom/ |
| Category | News & Politics |
| Tags | reliance | reliance results | Q1 earnings | ril | ril shares | reliance retail | reliance jio | retail | telecom | oil | chemical | earnings | profit | revenue | ebitda | arpu | business | business news | Mukesh Ambani | mukesh ambani | reliance industries | ril q1 results | reliance industries q1 results | jio | oil to chemical |
