RIL- Reliance Industries registers 16.6% increase in Total Income 1Q FY 2021-22
RIL- Reliance registers 16.6% increase in Total Income 1Q FY 2021-22
QUARTER’S PERFORMANCE (CONSOLIDATED)
o Total Income of ₹ 1,977.21 Lakh as compared to ₹ 1,695.02 Lakh on Y-o-Y basis.
o Income from Product Transportation Service increased from ₹ 819.35 Lakh to ₹
868.29 Lakh.
o Income from Hiring Construction Machineries increased from ₹ 62.88 Lakh to ₹
250.31 Lakh.
o Income from Other Support Services increased from ₹ 411.84 Lakh to ₹ 447.31
Lakh.
o Other Income increased from ₹ 400.95 Lakh to ₹ 411.30 Lakh.
o Net Profit increased from ₹ 205.38 Lakh to ₹ 240.14 Lakh.
QUARTER’S PERFORMANCE (STANDALONE)
o Total Income of ₹ 1,977.21 Lakh as compared to ₹ 1,695.02 Lakh on Y-o-Y basis.
o Income from Product Transportation Service increased from ₹ 819.35 Lakh to ₹
868.29 Lakh.
o Income from Hiring Construction Machineries increased from ₹ 62.88 Lakh to ₹
250.31 Lakh.
o Income from Other Support Services increased from ₹ 411.84 Lakh to ₹ 447.31
Lakh.
o Other Income increased from ₹ 400.95 Lakh to ₹ 411.30 Lakh.
o Net Profit increased from ₹ 160.84 Lakh to ₹ 178.89 Lakh.
o The Company has taken into account the impact of COVID-19 in preparation of the
financial results, including but not limited to its assessment of liquidity and going concern
assumption, recoverable values of its financial and non-financial assets, impact on
revenues and on cost budgets. The Company has considered internal and certain
external sources of information up to the date of approval of the standalone and
consolidated financial results for the quarter and expects to recover the carrying amount
of its assets.