RIL Q4 Results 2024: Mukesh Ambani-led Reliance Announces Bumper Dividend; Check PAT, Revenue, Quarterly Earnings Report

RIL Q4 Results 2024: Mukesh Ambani-led Reliance Announces Bumper Dividend; Check PAT, Revenue, Quarterly Earnings Report

RIL Q4 Quarterly Results 2024 Today, Reliance Dividend 2024 India Record Date, Payment Date, Reliance Dividend History, Reliance Share Price Today News BSE NSE: Mukesh Ambani-led Reliance Industries declared the financial results on Monday, 22nd April 2024 for the quarter ended 31st March 2024. The index heavyweight reported reported an almost flat March quarter net profit, amid a recovery in its core oil and petrochemicals business and sustained momentum across the consumer-facing telecom and retail businesses. RIL’s net profit stood at Rs 18,951 crore, or Rs 28.01 per share, in the January-March quarter of the 2023-24 fiscal as compared to Rs 19,299 crore, or Rs 28.52 a share, a year ago, according to a company’s stock exchange filing. The revenue from operations rose 11 per cent to Rs 2.64 lakh crore on higher oil prices.

Reliance Industries (RIL) Q4 Quarterly Results 2024 Today News

For the full fiscal FY24 (April 2023 to March 2024), Reliance posted a record net profit of Rs 69,621 crore as compared to Rs 66,702 crore in the preceding financial year. Reliance became the first Indian company to hit Rs 10 lakh crore turnover in FY24. Turnover rose 2.6 per cent to Rs 10 lakh crore during the reporting year from Rs 9.74 lakh crore in 2022-23.

Reliance Industries (RIL) Dividend 2024 Today Latest News

Reliance Industries announced a 100 per cent dividend to its shareholders for the financial year ended March 31, 2024. The dividend amount is always calculated on the face value of the stock and not on the market price. Here the face value of each stock of Reliance Industries is Rs 10 which translates to a dividend amount of Rs 10 per equity share for the investors.

Reliance Industries (RIL) Dividend History

The share has had a dividend yield of 0.30 per cent in the last 12 months at the current levels.

Reliance (RIL) Share Price Today News NSE BSE

Reliance Industries, RIL share price settled in green in Monday’s trading session ahead of the Q4 quarterly results 2024. The counter ended at Rs 2,962.90 a share on the National Stock Exchange (NSE), up marginally 0.77 per cent. RIL stock has been gaining for the last two days and has risen 1.06 per cent returns in the period. The stock is 2.2 per cent away from 52-week high of Rs 3024.9 apiece. The counter performed in line with the sector.

Reliance (RIL) Share Price History

RIL share price has delivered 36.56 per cent returns in the last one year, as per data available on the BSE. The counter delivered 140.68 per cent multibagger returns in the last five years, making investors richer with massive gains.

(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. Today Technology Market ResearchDigital suggests its readers/audience to consult their financial advisors before making any money related decisions.)