Reliance Industries Q4 Results Live : profit falls by 71.59% YOY
Reliance Industries Q4 Results Live : Revenue decreased by 72.99% YoY & profit decreased by 71.59% YoY
Reliance Industries Q4 Results Live : Reliance Industries declared their Q4 results on 22 Apr, 2024. The topline decreased by 72.99% & the profit decreased by 71.59% YoY. As compared to the previous quarter, the revenue grew by 5.59% and the profit increased by 9.77%.
The Selling, general & administrative expenses rose by 8% q-o-q & decreased by 72.59% Y-o-Y. The operating income was up by 4.3% q-o-q & decreased by 71.58% Y-o-Y.
The EPS is ₹28.01 for Q4 which decreased by 71.41% Y-o-Y.
Reliance Industries has delivered 0.87% return in the last 1 week, 30.78% return in the last 6 months, and 14.5% YTD return.
Currently, Reliance Industries has a market cap of ₹2002440 Cr and 52wk high/low of ₹3024.9 & ₹2131.65 respectively.
As of 24 Apr, 2024, out of 30 analysts covering the company, 2 analysts have given Sell rating, 4 analysts have given Hold rating, 12 analysts have given Buy rating & 12 analysts have given Strong Buy rating.
The consensus recommendation as of 24 Apr, 2024, was to Buy.
Reliance Industries Financials
| Period | Q4 | Q3 | Q-o-Q Growth | Q4 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 240715 | 227970 | +5.59% | 891311 | -72.99% |
| Selling/ General/ Admin Expenses Total | 6818 | 6313 | +8% | 24872 | -72.59% |
| Depreciation/ Amortization | 13569 | 12903 | +5.16% | 40303 | -66.33% |
| Total Operating Expense | 211768 | 200217 | +5.77% | 789452 | -73.18% |
| Operating Income | 28947 | 27753 | +4.3% | 101859 | -71.58% |
| Net Income Before Taxes | 27820 | 25986 | +7.06% | 94046 | -70.42% |
| Net Income | 18951 | 17265 | +9.77% | 66702 | -71.59% |
| Diluted Normalized EPS | 28.01 | 25.52 | +9.76% | 97.96 | -71.41% |
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