RIL to announce Q2 results on October 30

Reliance Industries board meets October 30 to review Q2 earnings and NCD fundraising plans.

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RIL to announce Q2 results on October 30

Reliance Industries board meets October 30 to review Q2 earnings and NCD fundraising plans.

In brief

Reliance Industries board meets October 30 to review Q2 earnings and NCD fundraising plans. Reliance Industries will release September quarter earnings and propose non-convertible debentures on October 30. Originally reported by The Economic Times.

Reliance board meeting

Reliance Industries board will review September-quarter earnings and a proposed NCD issue on October 30.

Q2 earnings results

Reliance reported a 22.4% year-on-year decline in consolidated net profit to Rs 20,946 crore for June quarter.

NCD fundraising proposal

The board will consider raising funds through non-convertible debentures on a private placement basis.

Jio Platforms IPO

Jio Platforms completed India's largest IPO raising Rs 30,213 crore.

Q1 performance

Reliance's oil-to-chemicals business reported 30% revenue rise with segment EBITDA up 17.2% to Rs 17,010 crore.

Stock performance

Reliance shares have declined 24% this year, trading 26% below January peak.

At a glance

Reliance Industries will release September quarter earnings and propose non-convertible debentures on October 30.

Read the original on The Economic Times

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