The country’s largest private company Reliance Industries will announce the results of the second quarter of the financial year 2024-25 on October 14. The company said in the exchange filing that a board meeting has been scheduled to announce the quarterly and half-yearly results ended on September 30. Before the meeting, today i.e. Friday (October 11), Reliance shares are trading flat at Rs 2747. In the last one month, the stock has given a negative return of 5%. At the same time, the stock has climbed only 6% this year. In a year, it has given more than 17% return. In Q1FY25, the company’s profit was 5.45% lower on an annual basis. In the first quarter of FY 2024-25, the profit of Reliance Industries declined by 5.45% on an annual basis. In the April-June quarter, the profit of Reliance Industries stood at Rs 15,138 crore. At the same time, in the same quarter a year ago, the consolidated net profit of the company was Rs 16,011 crore. However, the company’s income (revenue) grew by 12.04% on an annual basis. The company’s income in Q1FY25 was Rs 2,36,217 crore. In the same quarter a year ago, the company had generated a revenue of Rs 2,10,831 crore. The company released the results after the market closed on Friday, July 19. The company has four main segments – Oil to Chemical, Oil and Gas, Retail, and Jio. Here we are telling the performance of all one by one… 1. Reliance Jio: Became the world’s largest telecom operator in terms of data usage 2. Reliance Retail: Opened 331 new stores in the first quarter, total stores became 18,918 3. Reliance Oil to Chemical: Weak performance due to low fuel sales, weak global demand
