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RIL Q2 net profit up 12.5% to Rs 8,109 cr

Press Trust of India  |  New Delhi 

Industries Ltd (RIL) today said its consolidated net profit increased 12.5 per cent to Rs 8,109 crore for the September quarter.

The company had reported a net profit of Rs 7,209 crore in the same quarter last fiscal, said in a regulatory filing.

The company's rose 23.9 per cent to Rs 1,01,169 crore in the reported quarter as against Rs 81,651 crore in the year-ago period.

Its telecom arm, Jio saw its net losses widening to Rs 270.59 crore in the July-September quarter this fiscal against a net loss of Rs 21.3 crore in the preceding quarter.

The total of Jio stood at Rs 6,148.73 crore in the quarter under review.

The financials were announced after the markets closed for trading today. of the company closed at Rs 876.7 apiece, up 0.48 per cent from the previous closing.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, October 13 2017. 18:02 IST