Mumbai, Jan 16 (PTI): Reliance Industries Ltd on Friday reported almost a flat net profit of Rs 18,645 crore for the third quarter, as weakness in its retail business offset gains in other segments, according to a company filing.
The country’s largest conglomerate saw muted earnings growth in the retail business on GST rate rationalisation, even as its energy and digital businesses provided support.
Its net profit of Rs 18,645 crore in October-December – the third quarter of the current 2025-26 fiscal year – compared to Rs 18,540 crore a year back.
Revenue from operations rose to Rs 2.69 lakh crore from Rs 2.43 lakh crore in October-December 2024.
Jio Platforms Q3 Profit Jumps 11.3 Percent To Rs 7,629 Cr On Higher ARPU
New Delhi, Jan 16 (PTI): Jio Platforms on Friday reported an 11.3 per cent year-on-year rise in consolidated net profit for the December quarter to Rs 7,629 crore, on account of rise in subscriber base, average revenue per user, and scaling up of digital services.
The company had posted a profit after tax (PAT) of Rs 6,857 crore after taking into account the share of profit and loss of associates and joint ventures.
The revenue from operations of Jio Platforms — which houses Reliance Industries’ telecom and digital businesses — rose 12.7 per cent to Rs 37,262 crore during the quarter from Rs 33,074 crore in the year-ago period.
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The gross revenue stood at Rs 43,683 crore in the December quarter, 12.7 per cent higher than the corresponding period of the previous year.
ARPU — a key metric for telcos — increased 5.1 per cent to Rs 213.7 during the reported quarter from Rs 203.3 a year ago.
“ARPU increased to Rs 213.7 with higher customer engagement, partly offset by promotional offers for unlimited 5G and fixed broadband services,” the statement said.
