Reliance Industries Q1FY21; consolidated profit rises by ~31% yoy


Quarterly Results

Reliance Industries Limited announced its quarterly results on July 30, 2020. Consolidated net revenue in Q1FY21 stood at Rs91,238cr, which declined by 43.8% yoy from Rs1,62,353cr in Q1FY20.     

EBITDA stood at Rs16,875cr in Q1FY21 that decreased by 21.93% yoy. For Q1FY20, it had posted EBITDA of Rs21,615cr. EBITDA margin as of Q1FY21 was at 18.5% that increased by 5.19% yoy against the same quarter, the previous year.     

The consolidated net profit in Q1FY21 came in at Rs13,248cr that increased by 30.64% yoy, as compared to Q1FY20, when it had reported Rs10,141cr. The net profit margin in Q1FY21 came in at 14.52% that increased by 8.27% yoy. The net profit margin for Q1FY20 was at 6.25%. The profit attributable to equity shareholders in Q1FY21 is Rs13,233cr as against Rs10,104cr for the same quarter, previous year.     

The share closed at Rs2,108.65 with gains of 0.61% on BSE.








Particulars

Q1FY21
 (Rs in cr)

Q1FY20
(Rs in cr)

% VAR

Net Revenue

91,238.00

1,62,353.00

-43.80

Operating Profit

16,875.00

21,615.00

-21.93

Net Profit

13,248.00

10,141.00

30.64

EBITDAM%

18.5

13.31

5.19

PATM%

14.52

6.25

8.27

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