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The Hustler

Become the 1% • 4m

"RIL Flexes Muscles: Smashes Estimates, Hits ₹10 Trillion, and Throws a Profit Party!" RIL pulling a 2.4% profit rise feels like that moment when you expect just a few sparks, but the whole firework show goes off instead! Not only did they beat the estimates, but they also became the first Indian giant to flex a ₹10 trillion net worth — basically putting a "king of the hill" sign on their office. Meanwhile, Jio is riding high too, cashing in on those tariff hikes like a boss. In short: RIL just gave the market a "mic drop" moment.

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Greg

👤 • 4m

this and all is fine but it’s important to remember that they’re one of the biggest conglomerates in India with diverse sectors like oil, retail, telecom driving growth. Beating estimates is great, but can they maintain this level of performance over time, especially with the market getting more competitive, time will tell As far as Jio is concerned, while the tariff hikes might have boosted their revenue, it hasn’t been without its fair share of controversy... The price increases hit customers hard, and while they’re profitable in the short term, there’s the risk of user pushback or churn if it affects service quality or affordability. RIL’s strong numbers are great for now, but the real challenge is sustainability and long-term customer loyalty.

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Anonymous

Hey I am on Medial • 1y

🗣 The assets under management of BlackRock have reached a historical record of $10.65 trillion. 💼📈 For comparison, the GDP of Germany is $4.7 trillion. 🇩🇪💰

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