Reliance Industries (RIL) which is the benchmarks heavyweight, has gained by more than 1% on exchanges on Friday ahead of its June 2021 (Q1FY21) quarterly result that is scheduled for next week.
At around 2.09 PM, RIL was trading at Rs2102.75 per piece up by Rs19.50 or 0.9% on Sensex. The stock was near the day's high of Rs2110.95 per piece.
RIL in its regulatory filing today said that "a meeting of the Board of Directors of the Company is scheduled to be held on Friday, July 23, 2021, inter alia to consider and approve the standalone and consolidated unaudited financial results of the Company for the quarter ended June 30, 2021."
Further, the company said that a presentation to analysts and media on financial results of the Company for the quarter ended June 30, 2021 shall be made on the same day after the meeting.
RIL will be in focus next week following its Q1 results announcements.
In the last quarter of FY21, RIL registered a consolidated net profit (attributable to owners) of Rs13,227cr in the quarter ending March 2021 (Q4FY21), rising by a whopping 108.4% yoy. Meanwhile, overall profit for the quarter was at Rs14,995cr recording a breathtaking 129.1% yoy. Consolidated revenue from operations was at Rs1,54,896cr in the quarter under review, increasing by 11% yoy.