Reliance Industries, the country’s most valuable company, has recorded a net profit of Rs 1,000 crore in the financial year 2014-15. It has recorded a consolidated profit of Rs 19,407 crore.
Which is more than 1000 rupees. The company has reported an income of Rs 100 crore in the fourth quarter of 2023-24. This is about 2.4 percent more than a profit of Rs 18,951 crore. The company’s revenue also increased from 10 percent to Rs 1,000 crore from year to year. There was a net profit of Rs 100 crore during the period under review. 2.64 lakh crore rupees, which is Rs. It was Rs 1.1 lakh crore in the same period last year. 2.40 lakh crores The company’s board has approved a dividend of Rs 250. 100 per share for the year 2024-25. The dividend of 5.50 has been approved. During the period under review, there was a slight decline in income from the company’s oil and gas business, but the decline was compensated by its digital and retail business.
Apart from the dividend, the company’s board has decided to raise a total of Rs 1,000 crore. Through bonds, an amount of up to Rs 100 crore can be raised in one or more installments. The proposal to raise Rs 25,000 crore has also been approved.
The company’s profit has increased by 5 per cent over the December quarter. The company recorded a profit of Rs 1,000 crore in the December quarter. It recorded a profit of Rs 18,540 crore. Similarly, the company’s revenue has also increased by 8 percent compared to the third quarter. In the fourth quarter, the company’s EBITDA also increased from 4 percent year after year to Rs. 48,737 crores
During the period under review, the company has given a total of Rs. A capital expenditure of Rs 36,041 crore has been incurred, which has been fully done with cash creation. The company has given Rs. Has invested Cash of Rs 40,000 crore was generated, resulting in the company’s debt to Rs 40,000 crore. It remained stable at the level of Rs 1.17 lakh crore.
The company’s chairman and managing director Mukesh Ambani said that the financial year 2024-25 is challenging for the company, as micro and large economic factors are weak and the geopolitical situation is changing. Under such circumstances, the company has given sustainable financial results by adopting disciplined management strategy, emphasizing customer-focused innovation and focusing on issues such as India’s development.
The Post Business: Reliance’s profit in the fourth quarter grew by 2.4% to Rs 19,407 crore. First appeared on News India Live | Breaking India News, The Indian Headline, India Express News, Fast India News.
