Reliance Q1 Results Updates: Reliance Industries Ltd (RIL), the energy-to-telecom-to-retail conglomerate, posted a 5.4 per cent year-on-year (YoY) decline in its net profit to ₹15,138 crore, meanwhile, revenue from operations surged over 11 per cent to ₹2.36 lakh crore.
Reliance Q1 Results Updates: Reliance Industries Ltd (RIL), the billionaire Mukesh Ambani-led energy-to-telecom-to-retail conglomerate, reported a 5.4% year-on-year decline in net profit to ₹15,138 crore. However, revenue from operations increased by over 11% to ₹2.36 lakh crore. EBITDA increased by 2% year-on-year (YoY) to ₹42,748 crore, led by strong contribution from Oil & Gas and consumer business offset weak O2C.