Reliance Industries Limited (RIL) on Friday reported a net profit of Rs 11,262 crore for the quarter ending September 2019, an increase of 18.3 per cent on a year-to-year basis.The quarterly PBDIT (profit before depreciation, interest, and taxes) of the company increased by 15.5 per cent to Rs 25,820 crore. The profit before tax increased by 14.1 per cent to Rs 15,055 crore, and the cash profit rose by 18 per cent to Rs 18,305 crore, said the firm in an official statement on Friday.For the quarter ended September 30, RIL achieved revenue of Rs 163,854 crore, an increase of 4.8 per cent as compared to Rs 156,291 crore in the corresponding period of the previous year."Increase in revenue is primarily on account of robust growth in retail and digital services businesses which grew by 27 per cent and 43 per cent, respectively. This was partially offset by a decrease in refining and petrochemicals segment revenue with 17.7 per cent fall in Brent crude price," added the statement.Exports ...
