RIL Q1 Results: Mukesh Ambani-led Reliance reported a 5% decrease in its consolidated net profit for the ...More

RIL Q1 Results: Mukesh Ambani-led Reliance reported a 5% decrease in its consolidated net profit for the quarter ending June 2024, amounting to Rs 15,138 crore compared to Rs 16,011 crore in the same period last year. Despite this, revenue from operations grew by 12% YoY to Rs 2.36 lakh crore. The reported profit fell significantly short of Street expectations of around Rs 16,341 crore. ...Less

The company said the quarter saw the highest ever revenue for O2C business in a volatile environment. It ...More

The company said the quarter saw the highest ever revenue for O2C business in a volatile environment. It said it was also the best quarter for Reliance Retail in terms of revenues, which stood at Rs 58,554 crore, up 51.9 per cent YoY. Also, the quarter was the best in revenue terms for Jio Platforms. ...Less

Reliance Industries Q1 Results: Mukesh Ambani led Reliance Industries (RIL) on Friday reported a 78% grow ...More

Reliance Industries Q1 Results: Mukesh Ambani led Reliance Industries (RIL) on Friday reported a 78% growth in its Q1FY26 consolidated net profit at Rs 26,994 crore versus Rs 15,138 crore in the year ago period. The profit is attributable to the owners of the company and is above Street's estimates of Rs 22,069 crore. ...Less

The company’s revenue increased by 21.25 per cent to Rs 1.61 lakh crore in the June quarter. ...More

The company’s revenue increased by 21.25 per cent to Rs 1.61 lakh crore in the June quarter. ...Less

Increased data usage helped Jio offset the impact of a continued drop in average revenue per user (ARPU). ...More

Increased data usage helped Jio offset the impact of a continued drop in average revenue per user (ARPU). ...Less

The company’s telecom arm Reliance Jio reported profit for the seventh quarter in a row. ...More

The company’s telecom arm Reliance Jio reported profit for the seventh quarter in a row. ...Less

The board has recommended dividend payout of Rs 9 a share, subject to approval of the shareholders. ...More

The board has recommended dividend payout of Rs 9 a share, subject to approval of the shareholders. ...Less

Reliance Industries (RIL) has announced a dividend of INR 9 ($0.12) per share for the fiscal year ended M ...More

Reliance Industries (RIL) has announced a dividend of INR 9 ($0.12) per share for the fiscal year ended March 31, 2023, subject to company approval, marking the first dividend for nearly a year. The conglomerate also reported Q1 net profit of INR 160.11bn ($2.14bn), down 11% YoY, and revenue of INR 211,000 crore, down 5% YoY. ...Less

Kotak said it sees Nifty50 profit growing 27 per cent YoY but down 11 per cent sequentially. This brokera ...More

Kotak said it sees Nifty50 profit growing 27 per cent YoY but down 11 per cent sequentially. This brokerage said Reliance may report a 98.7 per cent YoY rise in net profit at Rs 24,390.60 crore on a 67.6 per cent YoY rise in net sales at Rs 2,34,500 crore. It sees ONGC reporting a 235.20 per cent YoY rise in net profit at Rs 14,531.60 crore. Sales are seen rising 96.3 per cent YoY to Rs 45,182 crore. ...Less

The most crucial issue investors are anxious to hear from the management on is how they will use the cash ...More

The most crucial issue investors are anxious to hear from the management on is how they will use the cash lying idle on the balance sheet. ...Less

Reliance Industries is negotiating to acquire a stake in Karan Johar's Dharma Productions. This deal coul ...More

Reliance Industries is negotiating to acquire a stake in Karan Johar's Dharma Productions. This deal could enhance Reliance’s foothold in India’s content production industry. Dharma Productions is exploring strategic partnerships due to rising production costs and shifting consumer preferences towards OTT platforms. RIL’s acquisition would bolster its existing portfolio, including Jio Studios and Viacom18 Studios. ...Less

Most of the Asian stocks stocks reversed earlier losses and emerged above water in Friday morning trade, ...More

Most of the Asian stocks stocks reversed earlier losses and emerged above water in Friday morning trade, following a surprise aggressive rate hike by the European Central Bank. MSCI's index of Asia-Pacific shares outside Japan was up by 0.29 per cent. ...Less

Reliance Industries reported its highest-ever quarterly net profit of ₹26,994 crore in Q1FY26, up 78% YoY ...More

Reliance Industries reported its highest-ever quarterly net profit of ₹26,994 crore in Q1FY26, up 78% YoY, driven by strong growth in telecom, retail, and oil-to-chemicals segments. Jio crossed 200 million 5G users, while retail and Jio-bp delivered solid gains. ...Less

Stock Market Crash Today: Indian markets experienced a sharp decline on Friday, with the Sensex and Nifty ...More

Stock Market Crash Today: Indian markets experienced a sharp decline on Friday, with the Sensex and Nifty50 falling due to FII selling, Axis Bank's disappointing earnings, and Citi's downgrade of Indian equities. Global uncertainties surrounding US Fed policy and rising oil prices further contributed to the negative sentiment. Financial stocks were particularly hard hit, leading the broad-based market weakness. ...Less

Anand James of Geojit warns that Monday’s market action hinges on earnings from RIL, HDFC Bank, and ICICI ...More

Anand James of Geojit warns that Monday’s market action hinges on earnings from RIL, HDFC Bank, and ICICI Bank. While Nifty breached its 50-DMA, a sharp fall seems unlikely. Bank Nifty may attempt a bounce, with ICICI and Kotak leading. Reliance could lend stability, but defence stocks remain under pressure. Patanjali, GMDC, and Max Estates show trading potential. ...Less

Palantir stock has been on a rough run, slipping for the fifth straight session and now sitting 12% below ...More

Palantir stock has been on a rough run, slipping for the fifth straight session and now sitting 12% below its recent all-time high. Despite reporting a blockbuster Q2 with stronger revenue and guidance, the sell-off shows how quickly Wall Street’s mood can turn when hype, valuation, and expectations collide. ...Less

Reliance Industries Ltd has returned to growth after a tough six months, posting better-than-expected ear ...More

Reliance Industries Ltd has returned to growth after a tough six months, posting better-than-expected earnings for the December quarter. The recovery was driven by strength in its oil-to-chemical business and a rebound in consumer retail. Key catalysts anticipated in 2025 include retail turnaround, new energy ventures, and growth in digital operations, boosting future performance. ...Less

Reliance Industries is expected to report muted earnings for the second quarter due to weakness in the oi ...More

Reliance Industries is expected to report muted earnings for the second quarter due to weakness in the oil-to-chemicals segment. Net profit is projected to fall by 10% year-on-year, while sales might marginally decline. Strong performance in consumer businesses and the ONG segment could offset the weak O2C performance. ...Less