[ad_1]
Shares of Reliance Industries Ltd fell 1.30 per cent in morning trade on Saturday after the company reported its quarterly earnings.
- Also read: Reliance Jio’s profit rises 12 per cent to ₹5,208 crore in Q3
The oil-to-retail-to-telecom conglomerate’s consolidated net profit of ₹17,265 crore in the third quarter of the current fiscal was 9.3 per cent higher compared to the year-ago period.
However, the company’s quarter-on-quarter the profit was lower when compared to ₹17,394 crore earnings in the preceding three months ended September 30.
RIL shares fell to ₹2,698.60 apiece, down 1.33 per cent compared to the previous close on the BSE.
- Also read: CreditAccess Grameen posts ₹353 crore PAT in Q3
Similar trends were seen on the NSE as well, where the stock opened and dropped 1.27 per cent to ₹2,700.00 in early deals.
The 30-share benchmark Sensex was trading in the green.
[ad_2]
Source link