Reliance Profit Rises 40 Percent
Reliance Industries reported a 40.6 percent surge in quarterly net profit to 255.48 billion rupees, beating market expectations. Strong performance across its refining and digital units drove the robust financial results.
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RELIANCE INDUSTRIES LIMITED posted a 40.6% surge in quarterly net profit to 255.48 billion rupees ($2.69 billion), beating the average estimate of 214.19 billion rupees. The result follows a period of robust growth across core refining and digital operations in India. The profit expansion outpaces consensus forecasts as key business segments fire on all cylinders.
