Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Livemint
Livemint
National
Livemint

Reliance becomes first Indian company to post earnings call on metaverse

The RIL stock rose 2.2% to hit a record ₹2,368.8 on the BSE in morning trade, before pulling back to close at ₹2,323.85.reuters

The earning call, which can be accessed through any device (even a smartphone) was produced in partnership with GMetri -- a no-code metaverse creation platform, sources said. Though one does not need to wear an AR/VR headgear to access it.

The metaverse content contains nearly an hour of results commentary, featuring Group Joint CFO V Srikanth, covering consolidated financials and business summary, Kiran Thomas, President of Reliance Jio Infocomm Ltd who was covering Jio Platforms and Digital Services and others.

Using it, analysts across the world tracking the company can toggle with slides and graphics placed on different screens as per the multiple buckets in the results presentation, they said.

One can also download the RIL media release and the transcript of the media and analyst call in PDF formats.

The RIL metaverse also has a special section comprising quotations from Chairman and Managing Director, Mukesh Ambani.

The metaverse is a virtual space that is built with the idea to immerse users within the online experience, mainly via virtual reality and augmented reality (VR, AR) while enabling them to interact with each other virtually.

There are many types of metaverses, and one can engage in any of them, depending on their preferences -- metaverse being the broad term for a virtual environment one typically enters as an avatar.

Catch all the Business News, Market News, Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
More Less
Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.