RIL shares is trading up by 2.7 per cent and its revenue increased by 7.2 per cent
RIL posted a consolidated net profit of Rs 23,566 crore in the 2014-15 fiscal (Photo: PTI)
Mumbai: Shares in Reliance Industries Ltd rise, after its June-quarter earnings beat estimates. RIL was trading up 2.7 per cent to 1002.65 rupees.
The energy conglomerate on Saturday posted a net profit of 59.57 billion rupees ($988 million) in the quarter ended June, rising from 52.37 billion rupees a year earlier. Revenue rose 7.2 per cent to 1.08 trillion rupees.
Analysts on average expected it to post a profit of 56.14 billion rupees, as per official reports.
( Source : reuters )
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