The oil-to-telecom conglomerate's gross sales for the quarter came in at Rs 2.43 trillion, up 53 per cent over the year-ago period
Even as the trend is seen continuing in Q2 before reversing in the second half, analysts are positive on the company
Jio gained 9.7 million mobile subscribers in the June quarter, after witnessing a decline for three consecutive quarters
Reliance Retail added 79 warehousing and fulfilment locations in Q1, measuring 3.3 million sq ft of space during the quarter
The standalone gross revenue of the company has grown from Rs -- crore in Q1FY22 to Rs -- in Q1FY23
Reliance Q1 PAT is marginally up from the Rs 4,173 crore profit witnessed in Q4 of last fiscal
CLOSING BELL: Ultratech Cement, Grasim, UPL, HDFC, HDFC Bank, Eicher Motors, and ICICI Bank were the top gainers, ralling over 2 per cent each
For Q4FY22, the consolidated gross revenue of Reliance Industries (RIL) stood at Rs 2.32 trillion, 35.1 per cent higher than the same quarter in the previous year
Going forward, higher Agri commodity prices, Government agriculture focus, the expectation of a normal monsoon and higher reservoir levels bodes well for agriculture.
Infosys Q1 preview: Investors will closely monitor the management's commentary on clients' IT spending, demand environment amid macro stress, margin outlook, and growth guidance for FY23
RIL Q1 result: Analysts expect Reliance Industries to report a strong set of numbers in Q1FY23, driven by robust oil earnings
Analysts expect loan growth to be at 20 per cent YoY at Rs 887,600 crore, up from Rs 738,600 crore last year
Shares of Reliance are at crossroads. The govt slashed windfall tax on fuel exports. And Singapore Gross Refining Margins are down to about $4 a barrel. This may fade RIL's abnormal profits in Q1FY23
The bank had posted a net profit of Rs 603 crore during the same period last year (Q1FY22)
The low margin syringes business was impacted by supply chain challenges and shutdown of two manufacturing lines in the domestic market
In the quarter under review, revenue rose 68 per cent year-on-year (YoY) to Rs 3,115 crore from Rs 1,860 crore last year
Meets Street expectations, thanks to healthy box-office collections
IndusInd Bank Q1 review: For a stronger re-rating, IIB would need to demonstrate decline in stress formation and increase in deposit granularity, analysts said
CLOSING BELL: Among sectors, the Nifty PSB index rose 1.56 per cent, while the Nifty Pharma slipped 0.4 per cent
The margin for India's fourth-largest IT services firm declined 200 basis points over the previous quarter.