Mukesh Ambani company held on AGM August 29 may decide on paying dividend – Business News India


Reliance Industries (RIL) is holding its 44th Annual General Meeting (AGM) on 29 August, 2022. The Annual General Meeting will be held on 29th August at 2pm. The company has set a dividend record date of 19 August for fiscal year 2022. The company can announce this at the AGM. On Friday, Reliance shares closed at 2,532.90 rupees with a decline of 1.52%.

In the June quarter, RIL’s profits rose
They said that Reliance had released its quarterly results from April to June. In this, the company said that the net profit of Reliance Industries increased by 46.3% to 17,955 crore rupees. Last year’s profit was Rs 12,273 crore in the same quarter. During this period, revenue from operations increased by 54.5% to 223,113 crore rupees, which was 144,372 crore rupees in the same quarter of the previous year. The company recorded a revenue of Rs 211,887 crore in the March quarter. At the same time, in a challenging environment, Reliance Retail achieved its best quarterly revenue ever. Gross revenue in the June quarter was Rs 58,554 crore, which is an increase of 51.9%. Net profit for the quarter was Rs 2,061 crore, which was 114.2% higher year-on-year. Jio made a net profit of 4,335 crores between April and June in the first quarter of the current financial year. Last year, in the same quarter, the company had a profit of 3,501 crores. इस लियाज से 24 पेंट की बेधोतरी है है.

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Reliance’s market cap is ₹17,14,256.39 crore
बाता देवन की Reliance Industries Limited is a large cap corporation. Its market cap is ₹17,14,256.39 crore. The company’s commercial activities include oil and gas research and production, as well as synthetic textiles and fabrics, plastics, chemicals, petroleum products, polyester products and polyester intermediates. The company’s board of directors recommended a dividend of Rs.

 



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