<p>New Delhi: Shares of Reliance Industries Ltd on Monday morning climbed more than 2 per cent after the company reported a 27 per cent jump in its September quarter net profit.</p>.<p> The stock went up by 2.37 per cent to Rs 2,319 apiece on the BSE.</p>.<p> On the NSE, it climbed 2.34 per cent to Rs 2,319 per share.</p>.Reliance Industries net profit jumps 27 pc in Q2.<p> It was the biggest gainer among the Sensex and Nifty firms during the morning trade.</p>.<p> Reliance Industries Ltd on Friday reported a 27 per cent jump in its September quarter net profit as earnings from the oil and gas business rebounded, and a pick-up in fashion and grocery helped boost retail revenues.</p>.<p> The oil-to-retail-to-telecom conglomerate's consolidated net profit of Rs 17,394 crore, or Rs 25.71 per share, in July-September -- the second quarter of the current 2023-24 fiscal -- was 27.3 per cent higher than Rs 13,656 crore, or Rs 19.92 a share, earning a year back, the company said in a statement.</p>.<p> The net profit was also higher quarter-on-quarter compared to Rs 16,011 crore earnings in the preceding three months ended June 30.</p>.<p> The firm, helmed by billionaire Mukesh Ambani, saw retail business getting good traction with growth in fashion and lifestyle as well as grocery and consumer electronics. Telecom revenues posted a modest increase as the company has not yet announced a tariff plan for 5G services even though there was a jump in data consumption with consumers migrating from faster networks. </p>
<p>New Delhi: Shares of Reliance Industries Ltd on Monday morning climbed more than 2 per cent after the company reported a 27 per cent jump in its September quarter net profit.</p>.<p> The stock went up by 2.37 per cent to Rs 2,319 apiece on the BSE.</p>.<p> On the NSE, it climbed 2.34 per cent to Rs 2,319 per share.</p>.Reliance Industries net profit jumps 27 pc in Q2.<p> It was the biggest gainer among the Sensex and Nifty firms during the morning trade.</p>.<p> Reliance Industries Ltd on Friday reported a 27 per cent jump in its September quarter net profit as earnings from the oil and gas business rebounded, and a pick-up in fashion and grocery helped boost retail revenues.</p>.<p> The oil-to-retail-to-telecom conglomerate's consolidated net profit of Rs 17,394 crore, or Rs 25.71 per share, in July-September -- the second quarter of the current 2023-24 fiscal -- was 27.3 per cent higher than Rs 13,656 crore, or Rs 19.92 a share, earning a year back, the company said in a statement.</p>.<p> The net profit was also higher quarter-on-quarter compared to Rs 16,011 crore earnings in the preceding three months ended June 30.</p>.<p> The firm, helmed by billionaire Mukesh Ambani, saw retail business getting good traction with growth in fashion and lifestyle as well as grocery and consumer electronics. Telecom revenues posted a modest increase as the company has not yet announced a tariff plan for 5G services even though there was a jump in data consumption with consumers migrating from faster networks. </p>