RIL Q4 results: Profit more than doubles to Rs 13,227 crore in March quarter

The consolidated profit is more than a 100 per cent jump in comparison to Rs 6,348 crore in the same quarter last year.

Mukesh Ambani’s Reliance Industries Limited (RIL) on Friday reported a consolidated net profit of Rs 13,227 crore for the quarter ended March 31, 2021, on a year-on-year (y-o-y) basis. The consolidated profit is more than a 100 per cent jump in comparison to Rs 6,348 crore in the same quarter last year. The company’s consolidated profit has increased by 108.4 per cent. Despite the rise in consolidated profit for the quarter, it has not matched analyst expectations.