October 30, 2020 | ||
BSE Limited | National Stock Exchange of India Limited | |
Phiroze Jeejeebhoy Towers | Exchange Plaza, Plot No. C/1, G Block | |
Dalal Street | Bandra-Kurla Complex, | |
Mumbai 400 001 | Bandra (East) | |
Mumbai 400 051 | ||
Scrip Code: | 500325 / 890147 | Trading Symbol: RELIANCE / RELIANCEPP |
Dear Sirs, |
Sub: Media Release - Consolidated and Standalone Unaudited Financial Results for the quarter and half-year ended September 30, 2020
In continuation of our letter of today's date on the Consolidated and Standalone Unaudited Financial Results for the quarter and half-year ended September 30, 2020, we send herewith a copy of Media Release being issued by the Company in this regard.
The Consolidated and Standalone Unaudited Financial Results for the quarter and half-year ended September 30, 2020, approved by the Board of Directors and the Media Release thereon will also be available on the Company's website, 'www.ril.com'.
Thanking you,
Yours faithfully,
For Reliance Industries Limited
Savithri Parekh
Joint Company Secretary and
Compliance Officer
Encl.: as above | |
Copy to: | Singapore Stock Exchange |
The Luxembourg Stock Exchange | 2 Shenton Way, #19- 00 SGX Centre 1, |
Societe de la Bourse de Luxembourg | Singapore 068804 |
35A boulevard Joseph II | |
B P 165, L-2011 Luxembourg |
Regd. Office: 3rd Floor, Maker Chambers IV, 222, Nariman Point, Mumbai- 400 021, India
Phone #: +91-22-3555 5000, Telefax: +91-22-2204 2268. E-mail:investor.relations@ril.com, Website: www.ril.com
CIN- L17110MH1973PLC019786
30th October 2020
CONSOLIDATED RESULTS FOR QUARTER ENDED 30TH SEPTEMBER, 2020
STRONG SEQUENTIAL REBOUND ACROSS ALL BUSINESSES
CONSOLIDATED QUARTERLY REVENUE WAS HIGHER BY 27.2% AT ` 128,385 CRORE
CONSOLIDATED QUARTERLY EBITDA GREW BY 7.9% TO ` 23,299 CRORE
CONSOLIDATED QUARTERLY PAT BEFORE EXCEPTIONAL ITEM AT ` 10,602 CRORE HIGHER BY 28%
CONSUMER BUSINESSES CONTRIBUTED 49.6% OF CONSOLIDATED SEGMENT EBITDA
RECORD QUARTERLY EBITDA FOR DIGITAL SERVICES AT ` 8,345 CRORE
ROBUST RECOVERY IN RETAIL EBITDA TO ` 2,006 CRORE HIGHER BY 85.9%
CAPITAL RAISE OF ` 152,056 CRORE IN JIO PLATFORMS LIMITED
CAPITAL RAISE OF ` 37,710 CRORE IN RELIANCE RETAIL VENTURES LIMITED
FIRST TELECOM OPERATOR OUTSIDE CHINA TO CROSS 400 MN SUBSCRIBERS IN A SINGLE
COUNTRY MARKET
ADDED IN EXCESS OF 30,000 TO ITS WORKFORCE
Registered Office: | Corporate Communications | Telephone | : (+91 22) 2278 5000 | |
Maker Chambers IV | Maker Chambers IV | Telefax | : (+91 22) 2278 5185 | |
3rd Floor, 222, Nariman Point | 9th Floor, Nariman Point | Internet | : | www.ril.com;investor.relations@ril.com |
Mumbai 400 021, India | Mumbai 400 021, India | CIN | : | L17110MH1973PLC019786 |
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STRATEGIC UPDATES
- Jio Platforms Limited, a wholly owned subsidiary of Reliance Industries Limited, raised ₹ 152,056 crore from leading global investors including Facebook, Google, Silver Lake, Vista Equity Partners, General Atlantic, KKR, Mubadala, ADIA, TPG, L Catterton, PIF, Intel Capital and Qualcomm Ventures.
- Reliance Retail Ventures Limited (RRVL), a wholly owned subsidiary of Reliance Industries Limited, raised ` 37,710 crore of investments from leading global investors including Silver Lake, KKR, General Atlantic, Mubadala, GIC, TPG and ADIA.
- RRVL has entered into an agreement to acquire retail & wholesale business and the logistics & warehousing business of the Future Group for a consideration of ` 24,713 crore. This acquisition is subject to SEBI, CCI, NCLT, shareholders, creditors and other requisite approvals.
- RRVL acquires majority stake in leading digital pharma market place "Netmeds" for a consideration of ~ ` 620 crore.
- Qualcomm Technologies, Inc. and Jio Platforms Limited (Jio) along with its wholly owned subsidiary Radisys Corporation announced expanded efforts to develop open and interoperable interface compliant architecture based 5G solutions with a virtualized RAN. This work is intended to fast track the development and roll out of indigenous 5G network infrastructure and services in India.
- The Company supported job creation in the economy during the pandemic-impacted period and generated in excess of 30,000 new jobs during April - September 2020 in Consumer businesses and last mile delivery.
Registered Office: | Corporate Communications | Telephone | : (+91 22) 2278 5000 | |
Maker Chambers IV | Maker Chambers IV | Telefax | : (+91 22) 2278 5185 | |
3rd Floor, 222, Nariman Point | 9th Floor, Nariman Point | Internet | : | www.ril.com;investor.relations@ril.com |
Mumbai 400 021, India | Mumbai 400 021, India | CIN | : | L17110MH1973PLC019786 |
Page 2 of 19
RESULTS AT A GLANCE (Q-O-Q)
CONSOLIDATED - RIL
- Revenue for the quarter was ` 128,385 crore ($ 17.4 billion) higher by 27.2%
- EBITDA before exceptional item for the quarter was ` 23,299 crore ($ 3.2 billion) higher by 7.9%
- Net Profit before exceptional item for the quarter was ` 10,602 crore ($ 1.4 billion) higher by 28.0%
- Cash Profit before exceptional item was ` 16,837 crore ($ 2.3 billion) higher by 20.9%
- EPS before exceptional item was ` 14.8 per share, increased 14.9%
STANDALONE - RIL
- Revenue for the quarter was ` 64,431 crore ($ 8.7 billion) higher by 23.3%
- EBITDA before exceptional item for the quarter was ` 11,811 crore ($ 1.6 billion) higher by 4.0%
- Net Profit before exceptional item for the quarter was ` 6,546 crore ($ 887 million) higher by 34.3%
- Cash Profit before exceptional item for the quarter was ` 7,201 crore ($ 976 million) higher by 31.6%
- Exports for the quarter was ` 34,501 crore ($ 4.7 billion) growth of 5.6%
Registered Office: | Corporate Communications | Telephone | : (+91 22) 2278 5000 | |
Maker Chambers IV | Maker Chambers IV | Telefax | : (+91 22) 2278 5185 | |
3rd Floor, 222, Nariman Point | 9th Floor, Nariman Point | Internet | : | www.ril.com;investor.relations@ril.com |
Mumbai 400 021, India | Mumbai 400 021, India | CIN | : | L17110MH1973PLC019786 |
Page 3 of 19
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Reliance Industries Ltd. published this content on 30 October 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 November 2020 18:19:07 UTC