Mon, Jan 22, 2018
Interestingly, it was RIL’s telecom arm Reliance Jio which stole the show by witnessing the first profit during the quarter since the time of its inception.
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Fri, Jan 19, 2018
A Bloomberg poll of experts estimated RIL's revenue and net profit in Q3FY18, to come in at Rs 8,450 crore and Rs 85,070 crore respectively.
Q2FY18 was good for RIL, as the company had posted 12.5% growth in its consolidated net profit to Rs 8,109 crore compared to Rs 7,209 crore a year ago in the same period.
Fri, Oct 13, 2017
RIL posted net profit of Rs 7,209 crore in the corresponding period of the previous year. However, on quarter-on-quarter (QoQ), the company saw decline of 11% from Rs 9,108 crore in Q1FY18.
RIL not only surpassed analysts estimates in earnings but also brought various gifts for subscribers through its telecom arm Reliance Jio - like Rs 153 data plan and JioPhone.
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