Billionaire Mukesh Ambani-led oil-to-chemicals-to-telecom conglomerate Reliance Industries Limited (RIL) on Friday posted a consolidated profit after tax (PAT) at Rs 17,955 crore, up 46.3 per cent year-on-year, in the quarter ended 30 June, 2022 following strong performance across its energy, telecom and retail verticals. The company had posted a net profit of Rs 12,273 crore in the year-ago period.

Sequentially, the company's profit increased 11 per cent in June quarter from Rs 16,203 crore in the previous March quarter.

RIL's revenue from operations has come in at Rs 223,113 crore from Rs 144,372 crore, an increase of 54.5 per cent year-on-year.

The conglomerate's EBITDA or earnings before interest, taxes, depreciation, and amortization for the quarter increased 45.8 per cent YoY to Rs 40,179 crore ($ 5.1 billion). It's earnings were share rose 40 per cent to Rs 26.5 per share.

RIL, in a regulatory filing, also stated that it achieved the highest-ever quarterly revenue for its oil-to-chemicals business in a volatile environment, while adding that its retail business, Reliance Retail witnessed best-ever quarterly revenue for reliance retail at Rs 58,554 crore, up 51.9 per cent Y-O-Y.

Moreover, Reliance Jio reported 23.8 per cent rise in standalone net profit at Rs 4,335 crore for the quarter ended 30 June, 2022. The telco had reported a net profit of Rs 3,501 crore in the year-ago period. The revenue from operations increased 21.5 per cent to Rs 21,873 crore in the said quarter from Rs 17,994 crore in the same quarter last fiscal.

The telco's average revenue per user or ARPU during the quarter came at Rs 175.7 per subscriber per month, up 27 per cent growth on Y-o-Y basis and 4.8 per cent growth on Q-o-Q basis.