RIL Q1 results: Consolidated net profit falls 7% to Rs 12,273 crore

Mukesh Ambani-led Reliance Industries Ltd (RIL) reported a consolidated net profit of Rs 12,273 crore for the three months ended June 30, 2021 (Q1FY22). This is a fall of 7.2 per cent from Rs 13,233 crore posted in the same period last year (Q1FY21). 

However, last year's June quarter profit included an exceptional gain of Rs 4,966 crore. This will mean a 48.4 per cent growth in adjusted profit after tax (PAT) over last year's Rs 8,267 crore.

The oil-to-telecom conglomerate's revenue from operations rose 58.2 per cent to Rs 1.44 trillion as compared to Rs 91,238 crore in the