RELIANCE INDUSTRIES (RIL) reported consolidated revenue, Ebitda, and PAT growth of 4%, 15%, and 9% y-o-y, reaching ₹2,20,000 crore, ₹40,700 crore, and ₹17,300 crore, respectively, in Q3FY24. The growth across segments fueled this performance, although a drop in Brent oil prices caused a 6% revenue miss. Healthy margins in the telecom and retail segments contributed to a 190 bpsy-o-ymargin expansion.
RJio's revenue and Ebitda increased by 2.5% q-o-q each in Q3FY24, in line with expectations.
This growth was driven by a 2.5% rise in subscribers, while ARPU remained flat q-o-q.PAT also rose by 3% q-o-q, aligning with Ebitda growth. The pan-India rollout of 5G was completed in December 2023.
Denne historien er fra January 23, 2024-utgaven av Financial Express Mumbai.
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Denne historien er fra January 23, 2024-utgaven av Financial Express Mumbai.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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