Reliance Industries surprises employees with a day off on the Ram Mandir inauguration, coinciding with robust financial results. The Ambani family and PM Modi play key roles in the event.
Reliance declared a holiday on Ram Mandir Inauguration
Mukesh Ambani’s Reliance Industries is giving its employees a surprise day off on Monday, January 22, to celebrate the Ayodhya Ram Temple ‘Pran Pratishtha’ ceremony.
This exciting news follows the company’s impressive financial report for the October-December quarter of fiscal 2023-24.
Reliance Industries has a lot to cheer about as it saw a remarkable 11% jump in consolidated net profit, reaching a whopping ₹19,641 crore compared to ₹17,706 crore last year.
The third quarter’s gross revenue also climbed 3.2% year-on-year to ₹2,48,160 crore, thanks to the ongoing success of its consumer businesses.
Notably, the retail and oil & gas segments played a crucial role in driving this revenue surge. However, the oil-to-chemicals (O2C) arm faced a slight setback due to a dip in average Brent crude oil prices.
Despite this, Reliance Industries remains a powerhouse in the business world, making waves in various sectors.
Ram Mandir Inauguration: List of Attendees From Ambani Family.
The government has declared a delightful half-day holiday for all its offices, institutions, and industries on January 22.
In a recent announcement, the Finance Ministry specified that public sector banks, insurance companies, financial institutions, and regional rural banks (RRBs) nationwide will also enjoy a well-deserved half-day break on the same date.