City
Epaper

Reliance FY22 revenue up 47%, net profit up 26%, announces Rs 8 dividend

By IANS | Updated: May 6, 2022 22:00 IST

New Delhi, May 6 Reliance Industries' annual consolidated revenue for FY22 stood at Rs 792,756 crore ($104.6 billion), ...

Open in App

New Delhi, May 6 Reliance Industries' annual consolidated revenue for FY22 stood at Rs 792,756 crore ($104.6 billion), up 47 per cent year on year.

The company's annual profit after tax neared the $10 billion mark, as it stood at Rs 67,845 crore ($9 billion) increasing by 26.2 per cent.

Annual consolidated EBITDA stood at Rs 125,687 crore ($16.6 billion) up by 28.8 per cent

"Despite the ongoing challenges of the pandemic and heightened geo-political uncertainties, Reliance has delivered a robust performance in FY2021-22. I am pleased to report strong growth in our Digital Services and Retail segments," said Mukesh D. Ambani, Chairman and Managing Director, Reliance Industries.

"Our O2C business has proven its resilience and has demonstrated strong recovery despite volatility in the energy markets," he added.

Further, the Board of Directors of the company recommended dividend of Rs 8 per share for the financial year ended in March.

"This payment of dividend is subject to approval of members of the Company at ensuing Annual General Meeting of the Company," it said in the statement.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: Reliance IndustriesEbitda
Open in App

Related Stories

BusinessMukesh Ambani’s Reliance Industries Lead Stock Market Rally as Sensex Rises Over 300 Points, Nifty Above 25,150

BusinessPM Modi’s 75th Birthday: Mukesh Ambani Declares It a 'Celebration for 1.45 Billion Indians'

NationalReliance Industries Leads as Sensex Rises 155 Points, Nifty Gains 28 Ahead of GST Council Meet 2025

BusinessStock Market Today: Nifty and Sensex End In Red as Trump’s Tariff Policy Continue To Haunt Indian Investors’

BusinessReliance Jio IPO Date: Mukesh Ambani Makes Big Announcement At Reliance Industries AGM

International Realted Stories

InternationalTrump warns US may "go in and kill Hamas" if attacks continue

International"It was a very productive one": Trump on call with Putin, eyes end to Russia-Ukraine war

InternationalIndia, Egypt hold inaugural strategic dialogue to boost cooperation across defence, economy, tech

InternationalNepal moves to facilitate construction of two Nepal–India cross-border power lines

InternationalTrump reboots Ukraine-Russia War peace effort, will meet Putin