In Sep2020 qtr,net profit rose 263% QoQ,Vs 74.7% fall in June Qtr,of 1897 listed Cos in India

Decline in topline was just 5.7%,Vs 27.3% fall in June Qtr

Overall,these 1897 Cos saw profits of 1.3 lakh Cr,25% higher than the earlier best,which was a profit figure of 1.06 lakh Cr
Reliance #Jio which saw 187%YoY& 13% QoQ rise in profit to 2844Cr, showed demand resurgence,is back,with revenues at Rs21708Cr

ARPU was 145 Vs 140.3 QoQ

#RelianceIndustries saw consolidated revenue in Sep Qtr at 1.28 lakh crore,up 27.2% QoQ& 33% YoY
#DemandRecovery #Economy
Consolidated revenue for Reliance Retail stood at 41100Cr in Sep Qtr,up 30%

Consolidated EBITDA for Reliance Industries stood at 23299Cr

Reliance Jio's user base was 405.6 mln

Domestic demand has sharply recovered across O2C business &near pre-Covid levels,as per #Reliance
#RelianceRetail,had whopping 11931 physical stores operational by the end of Sep'20;RIL added a total 125 stores during Sep Qtr

Not just #RIL,most FMCG,IT Cos&Pvt Banks announced great results

Even PSU, #SAIL,retired 3700Cr of debt,with margins up from 10.75%,to 11.25%

#Economy
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