Stock reaction: RIL plunges nearly 3 percent post subdued earnings

Jan 22, 2021

By: Navdeep Yadav

Nearly $7 billion wiped out in the first 30 mins of trade on Monday.

Credit: Business Insider

Standalone profit after tax grew 20 percent, less than the JPMorgan estimate of 32 percent

Credit: BCCL

Reliance Retail’s revenue was down 18.6 percent but profit was up 13 percent, year on year

Credit: BCCL

Customer addition by Jio in Q3 was 5.2 million, the lowest for the company in last 7 quarters

Credit: BCCL

The average revenue per user for Reliance Jio increased to ₹151 from ₹145

Credit: BCCL

Reliance Jio’s profit grew 15 percent despite the discounts offered to lure customers

Credit: BCCL

Petrochemical revenue was down 50 percent but profit was up 20 percent, year on year

Credit: BCCL

RIL said that order in its new commerce vertical was up 12x year-on-year

Credit: Business Insider

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