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Reliance Industries Limited has announced its financial results for the fourth quarter of the fiscal year 2023-24, showcasing significant growth in its operational revenues alongside steady profitability. Here’s a detailed breakdown of the key financial metrics:

1. Revenue Growth Reliance Industries experienced notable revenue growth both on a year-over-year (YoY) and quarter-over-quarter (QoQ) basis.

ParameterQ4FY24 (Cr)Q4FY23 (Cr)% Change YoYQ3FY24 (Cr)% Change QoQ
Revenue from Operations₹2,40,715₹2,16,265+11.3%₹2,27,960+5.6%

2. EBITDA Analysis Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) also reflected strong growth, underscoring efficient operational management and profitability.

ParameterQ4FY24 (Cr)Q4FY23 (Cr)% Change YoYQ3FY24 (Cr)% Change QoQ
EBITDA₹47,150₹41,252+14.3%₹44,678+5.5%

3. Profit After Tax (PAT) The Profit After Tax showed minimal growth on a YoY basis but a healthier increase when compared to the previous quarter.

ParameterQ4FY24 (Cr)Q4FY23 (Cr)% Change YoYQ3FY24 (Cr)% Change QoQ
Profit After Tax₹21,243₹21,227+0.1%₹19,641+8.1%

4. Debt Metrics The company’s debt levels have risen both YoY and QoQ, with a small adjustment in the debt to equity ratio.

ParameterQ4FY24 (Cr)Q4FY23 (Cr)% Change YoYQ3FY24 (Cr)% Change QoQ
Outstanding Debt₹3,24,622₹3,13,966+3.4%₹3,11,743+4.1%
Debt to Equity Ratio0.410.440.40

5. Dividend Announcement The company has proposed a dividend of ₹10 per share, reflecting its ongoing commitment to delivering shareholder value.

Reliance Industries, Q4FY24 results, revenue growth, EBITDA, profit after tax, financial performance, outstanding debt, dividend announcement

Conclusion: Reliance Industries continues to demonstrate robust financial health and operational efficiency. With steady growth in key financial parameters and a stable outlook for the future, the company remains a significant player in its diverse sectors of operation.

#RelianceIndustries, #FinancialResults, #Q4FY24, #RevenueGrowth, #EBITDA, #ProfitAfterTax, #DebtManagement, #Dividend

This detailed analysis provides investors and market watchers with a comprehensive view of Reliance Industries’ performance, emphasizing its strengths and areas of growth during the quarter.

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