Reliance Industries has released the results of the second quarter of the financial year 2024-25 today (14 October). In this, the company has made a profit of Rs 16,563 crore. It has decreased by 4.77% on an annual basis. In the same quarter a year ago, the consolidated net profit of the company was Rs 17,394 crore. At the same time, the company’s income (revenue) in the July-September quarter was Rs 2,35,481 crore. In the same quarter a year ago, the company had generated a revenue of Rs 2,34,956 crore. There has been a marginal increase of 0.22% on an annual basis. The amount received from selling goods and services is called revenue. The net profit of the group’s telecom company Reliance Jio increased by 14% year-on-year to Rs 6,231 crore. It was Rs 5,445 crore in the same quarter last year. EBITDA i.e. Earnings Before Interest, Tax, Depreciation and Amortization
EBITDA is the total earnings of a company, which does not include the cost of paying interest, paying tax, compensating for the decline in the value of assets or machines and the cost incurred in repaying old loans or debts. EBITDA tells the status of operation or operations of a company or firm. It is usually used by companies to evaluate their business. Costs or expenses are not included in calculating it. EBITDA margin tells the percentage of the company’s revenue
EBITDA margin tells the percentage of the revenue of a company, which measures the growth of its operations. Knowing the EBITDA margin of a company allows comparison of its real performance with other companies of the same industry. The company has four main segments – Jio, Retail, Oil to Chemical and Oil and Gas. Here we are telling the performance of all one by one… 1. Reliance Jio: 2. Reliance Oil to Chemical: 3. Reliance Retail: 4. Oil & Gas: Reliance Industries share increased by 17.13% in one year
Reliance Industries share closed flat at Rs.2745 on Monday (14 October). The company’s share has fallen by 0.20% in the last 5 days, 6.70% in one month and 6.29% in 6 months. If we talk about this year, i.e. from 1 January till now, Reliance share has increased by 5.99% and has increased by 17.13% in the last one year.
