Reliance Industries (LSE:RIGD) Net Margin %

: 8.01% (As of Mar. 2024)

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Net margin is calculated as Net Income divided by its Revenue. Reliance Industries's Net Income for the three months ended in Mar. 2024 was $2,283 Mil. Reliance Industries's Revenue for the three months ended in Mar. 2024 was $28,491 Mil. Therefore, Reliance Industries's net margin for the quarter that ended in Mar. 2024 was 8.01%.

The historical rank and industry rank for Reliance Industries's Net Margin % or its related term are showing as below:

LSE:RIGD' s Net Margin % Range Over the Past 10 Years
Min: 5.18 Med: 8.13 Max: 10.86
Current: 7.96

LSE:RIGD's Net Margin % is ranked better than
60.06% of 974 companies
in the Oil & Gas industry
Industry Median: 4.205 vs LSE:RIGD: 7.96

Reliance Industries Net Margin % Historical Data

The historical data trend for Reliance Industries's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Reliance Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Net Margin %

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6.59

10.52

8.67

7.60

7.73

Reliance Industries Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Net Margin %	Get a 7-Day Free Trial															9.07	7.71	7.50	7.67	8.01

Competitive Comparison

For the Oil & Gas Refining & Marketing subindustry, Reliance Industries's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Reliance Industries Net Margin % Distribution

For the Oil & Gas industry and Energy sector, Reliance Industries's Net Margin % distribution charts can be found below:

* The bar in red indicates where Reliance Industries's Net Margin % falls into.

Reliance Industries Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Reliance Industries's Net Margin for the fiscal year that ended in Mar. 2024 is calculated as

Net Margin	=	Net Income (A: Mar. 2024 )	/	Revenue (A: Mar. 2024 )
	=	8385.91	/	108533.944
	=	7.73 %

Reliance Industries's Net Margin for the quarter that ended in Mar. 2024 is calculated as

Net Margin	=	Net Income (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	2282.664	/	28490.606
	=	8.01 %

Reliance Industries (LSE:RIGD) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

Reliance Industries Net Margin % Related Terms

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Reliance Industries (LSE:RIGD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Reliance Industries Ltd (LSE:RIGD) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

RELIANCE:India 500325:India RIGDl:UK RLI:Germany

Address

222, Nariman Point, 3rd Floor, Maker Chambers IV, Mumbai, MH, IND, 400021

Website

https://www.ril.com

Reliance Industries Ltd is engaged in hydrocarbon exploration and production, refining and marketing, petrochemicals, financial services, retail, and communications. The Group has five principal operating and reporting segments: Oil To Chemicals (O2C), Oil and Gas, Retail, Digital Services and Financial Services. Located in west India, Reliance's refineries produce a range of petroleum products that find use as fuel variants, feedstock, and fuel for power and cement plants. Fuels produced in refineries are exported to several countries and can be processed into any grade of gasoline or diesel. The Oil to Chemicals segment that derives the majority revenue includes Refining, Petrochemicals, fuel retailing through Reliance BP Mobility Limited, aviation fuel, and bulk wholesale marketing.

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