RIL first Indian private firm to post Rs 10,000 crore quarterly profit

Reliance Industries (RIL NSE 0.97 % ) on Thursday put up a solid Q3 show by becoming the first Indian private firm to cross Rs 10,000 crore quarterly profit milestone, on the back of an all-round performance by petrochemicals, retail and digital services.
The firm had posted a profit of Rs 9,420 crore in the same quarter last year. The rise in October-December profit was for the 16th straight quarter.
“In our endeavour to consistently create more value for our country and stakeholders, our company has become the first Indian private sector corporate to cross Rs 10,000 crore quarterly profits milestone… In our new-age consumer businesses, we maintained robust growth momentum across retail and Jio platforms…,” said Mukesh Ambani, Chairman and MD, RIL, in a release. “I am confident Reliance is well positioned for the future and for the next cycle of growth.”
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