Reliance Industries got its Highest Profit in Jun-Sep Quarter of Financial Year 2018

Reliance Industries (RIL) has revealed its most elevated ever quarterly united net benefit of Rs 9,516 crore, a 17.4 percent rise year-on-year, for the July-September period against a benefit of Rs 8,109 crore in the year-prior period. Its telecom arm Reliance Jio posted a net benefit of Rs 681 crore against lost Rs 271 crore in the year-back period. 
On an independent premise, RIL made a net benefit of Rs 8,859 crore against Rs 8,265 crore, an ascent of 7.2 percent. Jio made an 11.3 percent ascend in net benefit on a successive premise from Rs 612 crore in the June quarter. 

RIL additionally declared an interest in Den Networks Limited and Hathway Cable and Datacom Limited. The organization will contribute Rs. 2,045 crore through a particular issue and an auxiliary buy of Rs. 245 crore from the current advertisers to procure a 66 percent stake in Den Networks. It will make an essential speculation of Rs. 2,940 crore through a particular issue for a 51.3 percent stake in Hathway Cable. 
Jio crossed 250 million supporters inside 25 months from the initiation of administrations, the announcement said.

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