Reliance Industries posts record consolidated revenues at Rs 2.42 lakh crore in Q1 FY23
Reliance posted a record of the quarterly consolidated ebitda in RS 40.179 Crore ($ 5.1 billion), up 45.8 percent yoy and the highest quarterly consolidated profit before tax (PBT) at RS 27.236 Crore ($ 3.4 billion), up 57.7 percent yoy.The consolidated net profit for this quarter is RS 19,443 CRORE ($ 2.5 billion), higher by 40.8 percent.
EPS for this quarter is RS 26.6 per share which increased by 42.7 percent. Reliance exports for this quarter are RS 96,212 Crore ($ 12.2 billion), higher by 71.3 percent.Ril capital expenditure (including the difference in exchange rate) for the quarter ended June 30, 2022 is RS 31,434 Crore ($ 4.0 billion).The Jio EBITDA Platform for this quarter is RS 11,424 Crore ($ 1.4 billion), an increase of 28.5 percent and net profit for the quarter is RS 4,530 Crore ($ 574 million), growth of 24.1 percent.
ARPU Reliance Jio, during the quarter, amounting to 175.7 per month, seeing a healthy growth of 26.9 percent based on yoy and 4.8 percent growth based on QoQ, driven by the impact of residues from tariff increases and contributions from FTTH.The addition of Net Reliance Jio customers watched a strong rebound to 9.7 million driven by sustainable forces in the gross to add 35.2 million with a total customer base, such as on 30 June, amounting to 419.9 million.
The average data of Reliance Jio and consumption of sound per month per month increased to 20.8 GB and 1,001 minutes, each. Total data traffic at 25.9 billion GB rose 27.2 percent and above; The total voting traffic at 1.25 trillion minutes rose 17.2 percent.Jio continues to expand his leadership position on FTTH services with further acceleration in connected homes. Jio now has 7 million connected places.
Reliance Retail gross income for this quarter is RS 58,554 Crore ($ 7.4 billion), higher by 51.9 percent. Reliance Retail Ebitda for this quarter is RS 3,837 Crore ($ 486 million), higher by 97.7 percent. Reliance’s retail net profit for this quarter is RS 2,061 Crore ($ 261 million), higher by 114.2 percent.Reliance Retail watched his first quarter without surgery interference since the beginning of Covid and footsteps surpassed the pre-covid level when consumers returned to the store and crossed the milestone of 200 million registered customers.
The registered customer base stands at 208 million at the end of the quarter, up 29 percent yoy. Reliance Retail opened 720 shops in the quarter, taking a total amount to 15,916 shops with an area of 43.2 million square feet which covered all corners of the country.Reliance Retail strengthens its supply chain capabilities with the addition of 79 warehousing locations and fulfillment of 3.3 million square feet space during the quarter.
Reliance Retail Digital Commerce Daily Orders established at 66 percent up Yoy and New Commerce Merchant Base established 3x over the past year. Reliance Retail added more than 17,000 jobs during this quarter, and the total number of employees was established at 3.79 LAKH.Reliance O2C has the best quarterly performance with revenue of all time and EBITDA. The segment revenue increased by 56.7 percent yoy to RS 1.61 Lakh Crore mainly due to higher crude oil prices and product prices.
Reliance O2C EBITDA increased by 62.6 percent yoy to RS 19,888 Crore due to a sharp increase in transportation fuel cracks and better volume. Reliance’s oil & gas segment revenue increased by 183 percent yoy to 3,625 crore hospital while the EBITDA segment jumped to? 2,737 crore, due to an increase in realization, and higher volume.
