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Reliance result in April 2023

Reliance result Q4 April 2023 date ?

results

The Indian market is too depend on the result of reliance. Because the reliance is most weighted stoke in the nifty and other sector like oil and natural gas, telecom unit, fmcg etc.

The traders are always waiting the result of reliance and also the institution .the the quarterly moment are 35 to 40 % depend on the reliance result.

How much market capitalization by reliance?

In the Indian market reliance take 15.937T (INR). And that’s why reliance result important for Indian stake holders.

Reliance Industries to announce Q4FY23 results on April 21

numberQ42021Q42022
1+16,203cr+15,792cr
222.5% (YOY)-15% (YOY)

What was the reason for the drop in net profit in Q3FY23?

The reason for the drop in net profit in Q3FY23 for Reliance Industries Limited was due to the volatility in global crude prices during the October-December period and a rise in its interest and depreciation expenses

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In Q3 2023 that was 13.31% to Rs 17,806 crore for the quarter under review as compared to the previous year

Reliance Industries Limited reported a 15% drop in its net profit at Rs 15,792 crore for Q3FY23, which was on account of a 16% jump in its overall expenses.

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