Reliance Industries Ltd, one of India's leading conglomerates, is set to announce its financial performance for the March quarter on April 22. The company's board will convene to review and endorse both the standalone and consolidated audited financial results for the quarter and fiscal year concluding on March 31, 2024.

Additionally, the board will deliberate on the recommendation of dividend payouts on equity shares for the aforementioned financial year.

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As per the company's filing on the BSE, "We wish to inform you that pursuant to Regulation 29 and other applicable provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”), a meeting of the Board of Directors of the Company is scheduled to be held on Monday, April 22, 2024, inter alia, to: i. consider and approve the standalone and consolidated audited financial results of the Company for the quarter and year ended March 31, 2024; and ii. recommend dividend on equity shares of the Company for the financial year ended March 31, 2024."

Reliance Industries Q3 ResultsReliance Industries Ltd (RIL) has announced 11 per cent year-on-year increase in net profit, reaching Rs 19,641 crore for the December quarter. This marked a rise from Rs 17,706 crore reported during the corresponding period in the previous year.

The conglomerate's gross revenue for the quarter witnessed a growth of 3.2 per cent, amounting to Rs 2,48,160 crore, compared to Rs 2,40,532 crore recorded in the same quarter a year earlier.

On Friday, the shares of Reliance Industries closed at Rs 2932.90, 0.07 per cent down from the previous day's closing. The 52 week high and low of the share is Rs 3,024.80 and Rs 2,146.90 respectively.

According to the BSE analytics, the shares have given massive returns of 24.77 per cent in the last 6 months and 34.89 per cent in the last 1 year.

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(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. TN NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money related decisions.)

2024-04-15T16:55:03Z dg43tfdfdgfd